It closed at its all-time low of 84.39 against the US dollar. Meanwhile, the dollar index, which gauges the US dollar's position against six major currencies, was down 0.04 per cent at 105.98.
The rupee depreciated by one paise to 84.40 per dollar in early trade on Wednesday amid sustained foreign capital outflows and soft trend in domestic equity markets. In the interbank foreign exchange market, the rupee opened at 84.40 per dollar, showing a decline of one paise compared to the previous closing price.
The rupee had closed at its all-time low of 84.39 against the US dollar on Tuesday. Meanwhile, the dollar index, which gauges the US dollar's position against six major currencies, was down 0.04 per cent at 105.98.
International standard Brent crude stood at $ 72.07 per barrel with a gain of 0.25 percent. According to stock market data, foreign institutional investors (FIIs) were sellers on Tuesday and sold shares worth a net Rs 3,024.31 crore.
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