The rupee fell 10 paise to 82.26 against the US dollar in early trade on Wednesday, owing to higher crude oil prices and a stronger greenback in international markets.
However, early gains in domestic stock markets limited rupee losses against the dollar.
The rupee opened lower at 82.26 against the previous close of 82.16 in the interbank foreign exchange market.
In early Asian trade, the dollar index, which measures the strength of the greenback against a basket of six currencies, rose 0.15 percent to 102.58.
Brent crude futures rose 0.19 percent to USD 78.80 per barrel, the global oil benchmark.
In early trade, the 30-share BSE Sensex rose 123.64 points, or 0.21 percent, to 57,737.36, while the NSE Nifty rose 53.70 points, or 0.32 percent, to 17,005.40.
According to exchange data, foreign institutional investors (FIIs) became net buyers in the capital market on Tuesday, purchasing shares worth Rs 1,531.13 crore.
Source:BS