Mumbai, Feb 16: The rupee settled with a loss of 8 paise at 90.74 against the US dollar on Monday, weighed down by a strong American currency and foreign fund outflows.
According to forex traders, lower crude oil prices and positive domestic equity markets capped a sharp fall in the Indian currency.
The rupee opened at 90.63 against the US dollar and moved between an intraday high of 90.61 and a low of 90.74 during the session. The domestic unit closed the session at 90.74 against the greenback, down 8 paise from the previous closing level. (PTI)
