Mumbai (NVI): Indian Rupee fell 2 paise to 71.73 against the US dollar in the morning trade session, amid increased demand of the greenback by banks and importers.
The rupee was trading little changed as traders await gross domestic product (GDP) data and developments in US-China trade talks.
The rupee opened higher today at 71.68, showing a rise of 3 paise over its previous closing.
The domestic unit, however, paired all its early gains to trade lower at 71.73 against the dollar.
The rupee on Friday had closed at 71.71 against the US dollar.
Meanwhile, Indian Stock Market opened on a positive note today with benchmark Sensex was trading 143 points up at 40,502.82 in the opening session and Nifty rose 0.44 per cent to 11,967.20.
-sb
