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Rupee weakens by 29 paise vs USD

Prime News, National, Business, Mumbai, June 25:- The rupee weakened by 29 paise to Rs 68.13 against the dollar in early trade today as demand for the American unit from importers and banks picked up.

The domestic equity markets opening lower also put pressure on the rupee but the dollar falling to a two-week-low against the yen on global trade concerns capped the losses, dealers said.

The benchmark Sensex fell by 56.31 points, or 0.16 per cent, to 35,633.29 in early trade today. -(Inputs: Agencies, NGB)

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