Rupee weakens by 4 paise in opening trade

Mumbai, Oct 16 (PTI) The Indian rupee Friday depreciated
by 4 paise against the dollar in the opening trade on the
firmness of the greenback against other major currencies.

At the Interbank Foreign Exchange (Forex) market, the
domestic unit was quoted at 46.27 per dollar, a loss of 4
paise over the previous close. The rupee ended 10 paise lower
at 46.23 against the US currency in the previous session.

Dealers said the dollar's gain against other currencies
mainly influenced the trading sentiment in domestic market
here.

The dollar has firmed up against major currencies on
positive US economic reports after hitting a 14-month low
against the euro. PTI RS