Finance
The rupee fell 11 paise to 82.60 per dollar in early trade on Thursday, weighed down by the strength of the US currency in the international market.
According to forex traders, sustained foreign fund outflows harmed investor sentiment even more.
At the interbank foreign exchange, the domestic unit opened weak at 82.57 against the dollar before falling to 82.60, a drop of 11 paise from its previous close.
The rupee closed at 82.49 against the US dollar on Wednesday.
The dollar index, which measures the strength of the US currency against a basket of six currencies, increased 11% to 104.59.
Brent crude futures rose 0.04 percent to USD 83.34 per barrel, the global oil benchmark.
The 30-share BSE Sensex was trading 303.83 points, or 0.51 percent, lower at 59,107.25 in the domestic equity market. The NSE Nifty fell 80.70 points, or 0.46 percent, to 17,370.20.
According to exchange data, foreign institutional investors (FIIs) were net sellers in the capital markets on Wednesday, offloading shares worth Rs 424.88 crore.
Source:BS
