Rupee falls 18 paise to 86.88 against US dollar in early trade

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The Indian Rupee weakened against the US dollar in early trading. This decline occurred due to month-end dollar demand and continuous foreign fund outflows. Importers' demand for dollars kept the American currency strong. Domestic equities showed a muted trend. Foreign fund outflows further impacted investor sentiment. Brent crude oil prices saw a slight increase.