Rupee falls 6 paise to 85.78 against US dollar in early trade

MUMBAI: The rupee weakened by 6 paise to 85.78 against the US dollar in early trade on Wednesday, weighed down by a negative trend in domestic equities and the recovery of the American currency in the overseas market.

Forex dealers said the rupee faced renewed pressure on liquidity constraints, concerns over reciprocal tariff implementations and month-end demand for the US currency from importers.

However, foreign fund inflows supported the rupee at lower levels. PTI