Rupee Falls For 2nd Straight Day, Settles 28 Paise Lower At 72.90 Against Dollar

The rupee depreciated for the second consecutive day, falling 28 paise against the US dollar on Tuesday, June 1, to settle at 72.90, tracking muted domestic equities. The domestic unit opened on a marginally positive note at 72.57 against the dollar on the interbank foreign exchange market and swung between 72.54 to 72.94 per dollar during the session. In an early trade session, the domestic currency rose eight paise to 72.54 against...