Lgatar24 Desk
In an early trade on Monday morning, the Indian rupee fell 34 paise to 73.82 against the US dollar, owing to a strong greenback in the international market. According to forex brokers, the local currency was driven down by a lacklustre trend in domestic equities.
The rupee began at 73.82 versus the dollar on the interbank foreign exchange, down 34 paise from the previous close. It had finished at 73.48 versus the dollar in the previous session on September 17.
The dollar index, which measures the strength of the greenback against a basket of six currencies, increased 0.16 % to 93.34.
According to exchange data, foreign institutional investors were net purchasers in the capital market on September 17, purchasing shares worth Rs. 1,552.59 crore.
The 30-share index was down 49.39 points, or 0.08 %, at 58,966.50 on the domestic equity market. Similarly, the NSE Nifty was trading at 17,557.80, down 27.35 points or 0.16 %.
Brent crude prices fell 0.88 % to $74.68 a barrel, the global benchmark.
