The rupee depreciated 12 paise to close at 77.66 (provisional) against US dollar on Tuesday, tracking a negative trend in domestic equities and surging crude oil prices.
At the interbank foreign exchange market, the rupee opened lower at 77.65 against greenback and finally settled at 77.66, down 12 paise over its previous close. During session, the rupee touched an intra-day low of 77.70 and a high of 77.62.
On Monday, the rupee settled at 77.54 against US dollar.This is also 5th straight monthly decline for rupee amid weak risk sentiments, foreign fund outflows and concerns over high inflation.The dollar index, which gauges greenback's strength against a basket of 6 currencies, was trading 0.04% higher at 101.70
