Rupee falls further by 23 paise against USD

Mumbai: The Rupee on Friday remained weak for another day as it dropped to 69.88 in the opening trade on brisk demand for US Dollars by bankers and importers, said the dealers at Forex Market.The local unit recorded an intra-day high and low at 70.07 and 69.73 respectively.

Strong dollar against other world currencies and negative opening in stock market are keeping the Indian currency under pressure, they added.