Mumbai, Jan 11 (UNI) The Rupee on Friday fell by eight paise to 70.49 against the US Dollar on rising demand for US Dollars by bankers and importers, dealers at Forex Market said.
In opening trade, the local unit rose by 7 paise to 70.34.
Later, it erased earlier gain and finished negative at 70.49, slipped by 8 paise from its last close.
The Indian currency registered day high and low at 70.53 and 70.23 respectively.
Strong dollar against other world currencies pushed the Indian currency down, they added.
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