MUMBAI: The rupee depreciated 31 paise to 81.89 in opposition to the US greenback in early commerce on Tuesday amid a strengthening American forex and an increase in crude oil costs. Foreign exchange sellers stated overseas fund outflows additionally weighed on the rupee sentiment.
The rupee declined additional after opening weak at 81.79 per greenback on the interbank foreign exchange market. It was later buying and selling 31 paise decrease at 81.89 per greenback. The rupee had closed at 81.58 per greenback within the earlier buying and selling session.
In the meantime, the greenback index, which measures the power of the greenback in opposition to a basket of six currencies, rose 0.18 per cent to 102.38.
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