MUMBAI: The rupee fell by 15 paise to close at a provisional rate of 86.07 against the US dollar on Thursday, weighed down by a stronger dollar, foreign fund outflows, and fluctuating global crude oil prices.
According to forex traders, weak sentiment in domestic equity markets and uncertainty surrounding the ongoing India-US trade talks also contributed to the pressure on the local currency.
At the interbank foreign exchange market, the rupee opened at 85.93 and moved between 85.80 and 86.09 during the session before ending at 86.07, 15 paise lower than its previous close.
