<p class="title">The rupee on Friday depreciated by 14 paise to 71.82 in early trade on the forex market as the American currency strengthened, while the domestic equity market opened on a weak note.</p>.<p class="bodytext">Forex traders said strengthening of the US dollar against some currencies overseas and caution ahead of RBI central board meeting under new Governor Shaktikanta Das, weighed on the local unit.</p>.<p class="bodytext">At the Interbank Foreign Exchange, the rupee opened on a weak note at 71.80 against the US dollar, then lost further ground and fell to 71.82 showing a decline of 14 paise over it's previous closing.</p>.<p class="bodytext">On Thursday the rupee appreciated by 33 paise to 71.68 per US dollar.</p>.<p class="bodytext">However, fresh foreign fund inflows capped the losses for the domestic unit.</p>.<p class="bodytext">Foreign funds bought shares worth Rs 675.14 crore from the capital markets on a net basis Thursday, while domestic institutional investors sold shares worth Rs 51.86 crore, provisional data showed.</p>.<p class="bodytext">The global benchmark, brent crude oil was trading at USD 61.16 per barrel, lower by 0.47 per cent.</p>.<p class="bodytext">Meanwhile, domestic equity market opened on cautious note. The 30-share BSE benchmark Sensex, was trading at 35,995.07, up 25.43 points in early trade. The wide-based Nifty was also trading with gains of 4.15 points at 10,795.70.</p>
<p class="title">The rupee on Friday depreciated by 14 paise to 71.82 in early trade on the forex market as the American currency strengthened, while the domestic equity market opened on a weak note.</p>.<p class="bodytext">Forex traders said strengthening of the US dollar against some currencies overseas and caution ahead of RBI central board meeting under new Governor Shaktikanta Das, weighed on the local unit.</p>.<p class="bodytext">At the Interbank Foreign Exchange, the rupee opened on a weak note at 71.80 against the US dollar, then lost further ground and fell to 71.82 showing a decline of 14 paise over it's previous closing.</p>.<p class="bodytext">On Thursday the rupee appreciated by 33 paise to 71.68 per US dollar.</p>.<p class="bodytext">However, fresh foreign fund inflows capped the losses for the domestic unit.</p>.<p class="bodytext">Foreign funds bought shares worth Rs 675.14 crore from the capital markets on a net basis Thursday, while domestic institutional investors sold shares worth Rs 51.86 crore, provisional data showed.</p>.<p class="bodytext">The global benchmark, brent crude oil was trading at USD 61.16 per barrel, lower by 0.47 per cent.</p>.<p class="bodytext">Meanwhile, domestic equity market opened on cautious note. The 30-share BSE benchmark Sensex, was trading at 35,995.07, up 25.43 points in early trade. The wide-based Nifty was also trading with gains of 4.15 points at 10,795.70.</p>