The rupee fell 25 paise on Monday to close at 82.53 (preliminary) against the US dollar, pressured by a lackluster trend in domestic stock markets and foreign capital outflows ahead of the macroeconomic data announcement.
Forex traders said risk averse sentiment in global markets also weighed on the local unit.
In the interbank foreign exchange market, the rupee opened lower at 82.54 against the greenback, witnessing a high of 82.50 and a low of 82.74.
It finally settled at 82.53, 25 paise lower than the previous close of 82.28.
The dollar index, which measures the greenback’s strength against a basket of six currencies, was down 0.02 percent at 104.79.
The global oil benchmark Brent oil futures fell 1.02 percent to USD 75.32 a barrel.
The 30-share BSE Sensex ended 51.10 points or 0.08 percent lower at 62,130.57, while the broader NSE Nifty closed almost flat at 18,497.15.
Industrial production and retail inflation data will be released later on Monday.
Foreign institutional investors (FIIs) were net sellers in the capital markets on Friday as they sold shares worth Rs 158.01 crore, according to exchange data.
After investing more than Rs 36,200 crore last month, foreign investors continued their positive momentum and injected Rs 4,500 crore into Indian stock markets so far in December, mainly due to the fall in the dollar index.
However, foreign portfolio investors (FPIs) turned sellers in the last four trading sessions, pulling back Rs 3,300 crore as they take a cautious stance awaiting the US Federal Reserve’s decision on interest rate.
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