Rupee falls 35 paise to close at 81.26 against US dollar on forex outflows

Updated: Nov 16 2022 8:50PM

Mumbai, Nov 16 (PTI) The rupee depreciated by 35 paise to close at 81.26 against the US dollar on Wednesday on disappointing trade data and foreign fund outflows.

Forex traders said a negative bias on risk aversion in global markets weighed on the local unit.

At the interbank foreign exchange market, the local unit opened at 81.41 and later witnessed an intraday high of 81.23 and a low of 81.58 during the session.