Mumbai: The rupee pared early morning gains to settle down by 6 paise at 71.84 against the US currency on Monday due to continued forex outflows and gains in the dollar in global markets.
Forex traders said investor traded cautiously after domestic equity market also shed its morning gains and witnessed selling pressure during the day. At the interbank foreign exchange market, the rupeeopened at 71.67 against the US dollar and finally settled at 71.84.
Sensex ends 72 pts lower
The 30-share index, which opened on a firm note, turned negative in the afternoon session before ending 72.50 points, or 0.18 per cent, down at 40,284.19.
Similarly, the broader NSE Nifty slipped 10.95 points, or 0.09 per cent, to end at 11,884.50. (PTI)
