Rupee slumps 18 paise to 76.62 against US dollar in early trade
The rupee declined 18 paise to 76.62 against the US dollar in the opening trade on Monday as intensifying geopolitical risks due to the Russia-Ukraine conflict pushed investors towards safe-haven assets.
Unabated foreign capital outflows and a strong American currency overseas also weighed on investor sentiment, forex traders said. Pic: Reuters