<p>The rupee fell 2 paise to hit the lowest level of 83.15 against the US dollar in early trade on Thursday amid a strong American currency and elevated crude oil prices.</p><p>Forex traders said, massive selling of equities by foreign investors in the past few sessions and subdued market sentiment also put pressure on the Indian currency.</p><p>Crude oil breached the level of USD 90 per barrel after oil producing countries agreed to extend supply cut till December this year, while dollar strengthened on safe-haven demand.</p><p>At the interbank foreign exchange, the domestic unit opened at 83.15 against the dollar, 2 paise lower from its previous close. The unit traded in a narrow range of 83.14 to 83.16 against the greenback.</p>.Markets fall in early trade on weak global trends, foreign fund outflows.<p>On Wednesday, the rupee declined by 9 paise to close at 83.13 against the dollar. Earlier, the rupee had touched the level of 83.13 on August 21 this year.</p><p>Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell marginally by 0.01 per cent to 104.85.</p><p>Brent crude futures, the global oil benchmark, was trading 0.21 per cent lower at USD 90.41 per barrel.</p><p>In the domestic equity market, the 30-share BSE Sensex was trading 156.01 points or 0.24 per cent lower at 65,724.51. The broader NSE Nifty declined 47.10 points or 0.24 per cent to 19,563.95.</p><p>Foreign Institutional Investors (FIIs) were net sellers in the capital markets on Wednesday as they offloaded shares worth Rs 3,245.86 crore, according to exchange data.</p>
<p>The rupee fell 2 paise to hit the lowest level of 83.15 against the US dollar in early trade on Thursday amid a strong American currency and elevated crude oil prices.</p><p>Forex traders said, massive selling of equities by foreign investors in the past few sessions and subdued market sentiment also put pressure on the Indian currency.</p><p>Crude oil breached the level of USD 90 per barrel after oil producing countries agreed to extend supply cut till December this year, while dollar strengthened on safe-haven demand.</p><p>At the interbank foreign exchange, the domestic unit opened at 83.15 against the dollar, 2 paise lower from its previous close. The unit traded in a narrow range of 83.14 to 83.16 against the greenback.</p>.Markets fall in early trade on weak global trends, foreign fund outflows.<p>On Wednesday, the rupee declined by 9 paise to close at 83.13 against the dollar. Earlier, the rupee had touched the level of 83.13 on August 21 this year.</p><p>Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell marginally by 0.01 per cent to 104.85.</p><p>Brent crude futures, the global oil benchmark, was trading 0.21 per cent lower at USD 90.41 per barrel.</p><p>In the domestic equity market, the 30-share BSE Sensex was trading 156.01 points or 0.24 per cent lower at 65,724.51. The broader NSE Nifty declined 47.10 points or 0.24 per cent to 19,563.95.</p><p>Foreign Institutional Investors (FIIs) were net sellers in the capital markets on Wednesday as they offloaded shares worth Rs 3,245.86 crore, according to exchange data.</p>