Rupee down 18 paise against USD

Mumbai, April 12 : The Rupee on Tuesday dropped 18 paise to close at 76.13 against the USD on rising demand for the greenback by bankers and importers, dealers at the Foreign Exchange said. The local t that fell four paise at 75.99 in the opening session, dipped further by 18 paise to finish at 76.13, sliding 18 paise as compared to its previous close. The Rupee slid owing to a firm dollar against other world currencies as well as negative equity market. The Rupee t registered the days high and low at 75.95 and 76.16 respectively against the US Dollar, dealers added. NV ACL1727

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