Rupee falls 9 paise to 82.74 against U.S. dollar

At the interbank foreign exchange, the domestic unit opened weak at 82.71 against the dollar, then slipped further to 82.74, registering a fall of 9 paise over its previous close

The rupee declined 9 paise to 82.74 against the U.S. dollar in early trade on December 27 as rising crude prices 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 82.71 against the dollar, then slipped further to 82.74, registering a fall of 9 paise over its previous close.

Also read: Rupee gains 17 paise to close at 82.65 against U.S. dollar

In the previous session on December 26, the rupee appreciated 17 paise to close at 82.65 against the U.S. dollar.

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.19% to 104.11.

Brent crude futures, the global oil benchmark, advanced 0.45% to $84.30 per barrel.