<p>The rupee declined by 15 paise to close at 75.95 (provisional) against the US dollar on Thursday, pressured by surging crude oil prices amid intensifying conflict between Russia and Ukraine.</p>.<p>Persistent foreign capital outflows and subdued domestic equity markets also affected market sentiment, forex dealers said.</p>.<p>At the interbank foreign exchange market, the rupee opened strong at 75.76 against the American dollar but soon entered the negative territory as investors turned towards safe-haven assets. During the session, it swung between a high of 75.60 and a low of 75.98.</p>.<p>The local unit finally settled at 75.95 against the dollar, down 15 paise from the previous close.</p>.<p>Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.23 per cent higher at 97.63.</p>.<p>On the domestic equity market front, the 30-share Sensex ended 366.22 points or 0.66 per cent lower at 55,102.68, while the broader NSE Nifty declined 107.90 points or 0.65 per cent to 16,498.05.</p>.<p>Global oil benchmark Brent crude futures surged 2.59 per cent to USD 115.85 per barrel.</p>.<p>Officials from Russia and Ukraine are likely to hold their second round of talks in Belarus on Thursday.</p>.<p>Foreign institutional investors continued their selling spree in Indian markets as they offloaded shares worth Rs 4,338.94 crore on a net basis on Wednesday, as per exchange data. </p>.<p><strong>Watch the latest DH Videos here:</strong></p>
<p>The rupee declined by 15 paise to close at 75.95 (provisional) against the US dollar on Thursday, pressured by surging crude oil prices amid intensifying conflict between Russia and Ukraine.</p>.<p>Persistent foreign capital outflows and subdued domestic equity markets also affected market sentiment, forex dealers said.</p>.<p>At the interbank foreign exchange market, the rupee opened strong at 75.76 against the American dollar but soon entered the negative territory as investors turned towards safe-haven assets. During the session, it swung between a high of 75.60 and a low of 75.98.</p>.<p>The local unit finally settled at 75.95 against the dollar, down 15 paise from the previous close.</p>.<p>Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.23 per cent higher at 97.63.</p>.<p>On the domestic equity market front, the 30-share Sensex ended 366.22 points or 0.66 per cent lower at 55,102.68, while the broader NSE Nifty declined 107.90 points or 0.65 per cent to 16,498.05.</p>.<p>Global oil benchmark Brent crude futures surged 2.59 per cent to USD 115.85 per barrel.</p>.<p>Officials from Russia and Ukraine are likely to hold their second round of talks in Belarus on Thursday.</p>.<p>Foreign institutional investors continued their selling spree in Indian markets as they offloaded shares worth Rs 4,338.94 crore on a net basis on Wednesday, as per exchange data. </p>.<p><strong>Watch the latest DH Videos here:</strong></p>