Rupee falls 24 paise to 82.09 against U.S. dollar

Brent crude futures advanced to $83.46 per barrel

The rupee declined 24 paise to 82.09 against the U.S. dollar in early trade on Tuesday as heavy selling pressure in domestic equities and rising crude prices overseas weighed on investor sentiment.

Besides, foreign fund outflows put pressure on the domestic unit, forex dealers said.

At the interbank foreign exchange, the domestic unit opened weak at 81.94 against the dollar, then slipped further to 82.09, registering a fall of 24 paise over its previous close.

In the previous session on Monday, the rupee had settled down by 52 paise at 81.85 against the dollar.

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.07% to 105.22.

Brent crude futures, the global oil benchmark, advanced 0.94% to $83.46 per barrel.

In the domestic equity market, the 30-share BSE Sensex was trading 353.44 points or 0.56% lower at 62,481.16. The broader NSE Nifty fell 99.30 points or 0.53% to 18,601.75.