Rupee falls by 9 paise to 72.89 against US dollar amid weakness in equities

The rupee depreciated by 9 paise to end at 72.89 against the US dollar on Tuesday, tracking a strong dollar overseas and subdued sentiment in the domestic equities.
However, a fall in crude oil prices restricted the rupee’s fall, forex traders said.
At the interbank forex market, the local unit opened slightly up at 72.78 against the greenback and witnessed an intra-day high of 72.76 and a low of 72.90.
It finally ended at 72.89 against the American currency, a decline of 9 paise over its previous close. On Monday, the rupee had settled at 72.80 against the US dollar.
On the domestic equity market front, the BSE Sensex ended 52.94 points or 0.10 per cent lower at 52,275.57, while the broader NSE Nifty slipped 11.55 points or 0.07 per cent to 15,740.10.
Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, surged 0.20 per cent to 90.12.
Brent crude futures, the global oil benchmark, fell 0.66 per cent to USD 71.02 per barrel.