Mumbai, June 6 (UNI) The rupee on Friday depreciated by 7 paise at 85.87 in opening session on strong demand for the US dollar by bankers and importers at the forex market.
The rupee edged lower ahead of the Reserve Bank of India monetary policy, even as the dollar index remained largely steady, traders said.
The partially convertible rupee recorded intraday high and low at 85.85 and 85.96 respectively, dealers said.
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