Rupee Slips 7 Paise, Rupee Trades At 94.57 Per Dollar

The rupee dropped by 7 paise to open at 94.57 against the dollar today, 30 June, after declines across Asian currencies. Traders said steady demand for the dollar continues to restrict further gains. After recovering from last month's record low near 97 per dollar, aided by falling crude oil prices, the rupee has remained within a narrow trading range.