Rupee falls 6 paise to 94.69 against US dollar in early trade

Rupee falls 6 paise to 94.69 against U.S. dollar in early trade

Rupee depreciated to 94.69 against USD (down 6 paise) as greenback hit 13-month highs on Fed rate-hike expectations and U.S.-Iran peace negotiations. Rupee weakness increases IT infrastructure and cloud capex costs for India-exposed teams; India's slowing infrastructure growth (0.5% May) signals softer enterprise demand.