<p>The rupee depreciated by 21 paise to 73.13 against the US dollar in opening trade on Thursday tracking muted opening in domestic equities and strengthening American currency.</p>.<p>At the interbank forex market, the domestic unit opened at 73.13 against the US dollar, registering a fall of 21 paise over its previous close.</p>.<p>On Wednesday, the rupee had settled at 72.92 against the American currency.</p>.<p>Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.12 per cent to 90.75.</p>.<p>"The US Dollar Index has started higher this Thursday morning in Asian trade amid safe haven appeal for the greenback amid weakening risk appetite," Reliance Securities said in a research note.</p>.<p>Asian currencies were weak against the greenback and could weigh on sentiments, the note added.</p>.<p>Markets will look to cues from US GDP data and a weaker than expected numbers will push more investors towards the US dollar and vice versa, the note said.</p>.<p>The US Federal Reserve has decided to stick to its dovish stance and left key overnight interest rate near zero to maintain monetary support until there is a stronger rebound from the pandemic-triggered recession.</p>.<p>On the domestic equity market front, the 30-share BSE benchmark Sensex was trading 336.05 points lower at 47,073.88 and the broader NSE Nifty was down 95.60 points at 13,871.90.</p>.<p>Foreign institutional investors were net sellers in the capital market as they offloaded shares worth Rs 1,688.22 crore on a net basis on Wednesday, according to exchange data.</p>.<p>Brent crude futures, the global oil benchmark, fell 0.61 per cent to USD 55.47 per barrel.</p>
<p>The rupee depreciated by 21 paise to 73.13 against the US dollar in opening trade on Thursday tracking muted opening in domestic equities and strengthening American currency.</p>.<p>At the interbank forex market, the domestic unit opened at 73.13 against the US dollar, registering a fall of 21 paise over its previous close.</p>.<p>On Wednesday, the rupee had settled at 72.92 against the American currency.</p>.<p>Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.12 per cent to 90.75.</p>.<p>"The US Dollar Index has started higher this Thursday morning in Asian trade amid safe haven appeal for the greenback amid weakening risk appetite," Reliance Securities said in a research note.</p>.<p>Asian currencies were weak against the greenback and could weigh on sentiments, the note added.</p>.<p>Markets will look to cues from US GDP data and a weaker than expected numbers will push more investors towards the US dollar and vice versa, the note said.</p>.<p>The US Federal Reserve has decided to stick to its dovish stance and left key overnight interest rate near zero to maintain monetary support until there is a stronger rebound from the pandemic-triggered recession.</p>.<p>On the domestic equity market front, the 30-share BSE benchmark Sensex was trading 336.05 points lower at 47,073.88 and the broader NSE Nifty was down 95.60 points at 13,871.90.</p>.<p>Foreign institutional investors were net sellers in the capital market as they offloaded shares worth Rs 1,688.22 crore on a net basis on Wednesday, according to exchange data.</p>.<p>Brent crude futures, the global oil benchmark, fell 0.61 per cent to USD 55.47 per barrel.</p>