On Monday, the rupee lost 25 paise to close at 82.10 (provisional) against the US dollar as investor sentiment was dampened by a strong US dollar abroad and a downward trend in domestic markets.
Firm crude oil prices, according to forex traders, also weighed down the local currency.
The domestic currency at the interbank foreign exchange started the day at 81.90 versus the dollar and ultimately closed the day at 82.10 (provisional), down 25 paise from its previous closing.
The dollar index, which measures the strength of the dollar against a basket of six different currencies, increased 0.76 percent to 101.71. The benchmark for world oil, Brent crude futures, fell 0.12% to USD 86.21 a barrel.
After a long weekend, the Indian rupee started the week off poorly due to a rise in the dollar index and risk-off attitude. In the absence of new cues, the day trading range remained modest, according to HDFC Securities Research Analyst Dilip Parmar.
Factory gate inflation is relieved as the wholesale inflation reading came in at 1.34 percent, less than the 1.6% projections and 3.85 percent from the previous month.
