At the interbank foreign exchange (forex) market, the domestic currency opened sharply lower at 69.75 against the dollar.
Foreign fund outflows, weak opening of domestic equities and rising crude oil prices weighed on the local unit.
Rupee, is trading at 69.80 against dollar, driven by positive opening in domestic equities and easing crude prices.
Foreign fund outflows and heavy selling in domestic equities kept pressure on the Indian rupee.
Foreign fund outflows and cautious opening in domestic equities added pressure to the domestic unit.
The rupee opened at 70.43 at the interbank forex market, displaying gains of 9 paise over its last close.
Rupee is trading at 70.18 against dollar amid US-China trade related concerns and rising crude oil prices.