Rupee Declines 19 Paise To Close At 81.77 Against US Dollar

The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.19 per cent higher at 102.40.

The rupee settled 19 paise lower at 81.77 (provisional) against the US dollar on Tuesday, tracking a rebound in the greenback overseas and firm crude oil prices.

Forex traders said sustained foreign fund outflows further weighed on investor sentiment.

At the interbank foreign exchange market, the rupee opened at 81.79 against the greenback, then lost ground and fell to an intra-day low of 81.89.

The domestic currency finally settled at 81.77, down 19 paise over its previous close.