#Rupeeopens lower:
The #Indianrupee slipped in the early trade on Wednesday. It has opened lower by 16 paise at 71.18 per #dollar versus Monday's close 71.02.
The rupee depreciated by 14 paise to close at 71.02 against the US dollar on October 7 as profit booking in domestic equities and unabated foreign fund outflows kept investors edgy.