Rupee slides 7 paise against US dollar

Dealers said early losses in domestic equity markets also weighed on the rupee.

Yesterday, the rupee took a severe beating and ended sharply lower by 29 paise at 68.13 against the US currency.

The dollar weakened against other currencies overseas as worries about an intensifying trade fight between the US and its trade partners continued to hurt risk appetite.

The benchmark BSE Sensex fell 132.26 points, or 0.37 per cent, to 35,338.09 in early trade today.