<p class="title rtejustify">The rupee dropped 36 paise to 73.93 against the US currency in early trade Monday, breaking its three-day recovery trend, as crude prices rose amid weak macroeconomic data.</p>.<p class="bodytext rtejustify">A spurt in dollar demand from importers amid sustained foreign fund outflows also weighed on the rupee.</p>.<p class="bodytext rtejustify">Dealers said, factors like the dollar's strength against some other currencies overseas and a volatile opening of the equity markets also impacted the domestic currency.</p>.<p class="bodytext rtejustify">Industrial production slipped to a three-month low of 4.3 per cent in August and retail inflation rose marginally to 3.77 per cent in September, according to the data released by Central Statistics Office Friday.</p>.<p class="bodytext rtejustify">Friday, the rupee had ended 55 paise higher at 73.57 against the dollar, as global crude prices eased and domestic indices staged a smart rebound.</p>.<p class="bodytext rtejustify">Foreign institutional investors (FIIs) sold shares to tune of Rs 1,322 crore Friday, provisional data showed.</p>.<p class="bodytext rtejustify">The benchmark BSE Sensex fell by 70.85 points, or 0.20 per cent, to 34,662.73 in early trade after crossing the key 35,000-mark to hit a high of 35,008.65 at the outset.</p>
<p class="title rtejustify">The rupee dropped 36 paise to 73.93 against the US currency in early trade Monday, breaking its three-day recovery trend, as crude prices rose amid weak macroeconomic data.</p>.<p class="bodytext rtejustify">A spurt in dollar demand from importers amid sustained foreign fund outflows also weighed on the rupee.</p>.<p class="bodytext rtejustify">Dealers said, factors like the dollar's strength against some other currencies overseas and a volatile opening of the equity markets also impacted the domestic currency.</p>.<p class="bodytext rtejustify">Industrial production slipped to a three-month low of 4.3 per cent in August and retail inflation rose marginally to 3.77 per cent in September, according to the data released by Central Statistics Office Friday.</p>.<p class="bodytext rtejustify">Friday, the rupee had ended 55 paise higher at 73.57 against the dollar, as global crude prices eased and domestic indices staged a smart rebound.</p>.<p class="bodytext rtejustify">Foreign institutional investors (FIIs) sold shares to tune of Rs 1,322 crore Friday, provisional data showed.</p>.<p class="bodytext rtejustify">The benchmark BSE Sensex fell by 70.85 points, or 0.20 per cent, to 34,662.73 in early trade after crossing the key 35,000-mark to hit a high of 35,008.65 at the outset.</p>