Rupee down 5 paise at 46.73 a dollar in opening trade

Mumbai, Nov 20 (PTI) The Indian rupee Friday depreciated
marginally by 5 paise to 46.73 against the US dollar in
opening trade largely on fears of fresh capital outflows by
foreign funds as market may open weak in line with bearish
trend in Asian equity markets.

Dollar's gains against other Asian currencies also put
pressure on the rupee.
At the Interbank Foreign Exchange (Forex) market, the
domestic unit traded 5 paise down at 46.73 a dollar. The rupee
ended 48 paise lower at 46.68/69 against the dollar in the
previous session after the Sensex fell by 213.13 points.
Forex dealers said fears of more capital outflows by
foreign funds as market is expected to open lower in tandem
with other Asian markets that were trading in negative zone
and dollar's gains versus other Asian units mainly put
pressure on the Indian rupee. PTI SUN
MYR


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