Rupee Falls 99 Paise To 70.59 Against Dollar

The rupee depreciated by 99 paise to 70.59 against the dollar on Monday. According to analysts, US-China trade related concerns weighed on the investor community and kept pressure on the rupee. The rupee opened lower at 70.20 at the forex market and then fell further to 70.59. The rupee had settled at 69.60 against the dollar on Friday.