The rupee opened on a strong note at 71.20 then lost momentum and fell to 71.22 against the US dollar,
The rupee opened weak at 71.00 at the interbank forex market and then fell further to 71.09.
The rupee opened at 71.22 then fell to 71.35 against the US dollar.
The rupee opened on a strong note at 70.37 then lost momentum and fell to 70.63 against the US dollar.
The rupee moved in a range of 70.93 to 70.89 at the interbank foreign exchange market.
Higher opening in domestic equities supported the local unit, traders said.
A weak opening in domestic equities and unabated foreign fund outflows also weighed on the domestic currency.
FIIs remained net buyers in the capital market, putting in Rs 2,684.05 crore on Monday.
Foreign fund inflows and higher opening in domestic equity market supported the domestic currency.
Rupee is trading at 71.07 against US dollar in early trade as gains in domestic equity market enthused investors.