<p>The Indian rupee opened on a cautious note and fell 20 paise to 71.22 against the US dollar in early trade on Wednesday tracking subdued opening in domestic equities and foreign fund outflows.</p>.<p>However, weakening of the US dollar vis-a-vis other currencies overseas and easing crude oil prices supported the domestic unit and restricted the fall.</p>.<p>At the interbank foreign exchange, the rupee opened on a strong note at 71.20 then lost momentum and fell to 71.22 against the US dollar, showing a decline of 20 paise over its previous closing.</p>.<p>The Indian rupee on Monday had closed at 71.02 against the US dollar.</p>.<p>Forex market was closed on Tuesday on account of Dussehra.</p>.<p>Domestic bourses opened on a cautious note on Wednesday with benchmark indices Sensex trading 28.70 points down at 37,503.28 and Nifty lower by 3.20 points at 11,123.20.</p>.<p>Foreign institutional investors (FIIs) offloaded shares worth Rs 494.21 crore on Monday, according to provisional exchange data.</p>.<p>The dollar index, which gauges the greenback's strength against a basket of six currencies, fell by 0.04 per cent to 99.09.</p>.<p>Crude oil benchmark, Brent Futures, eased 0.39 per cent to USD 58.01 per barrel.</p>.<p>The 10-year government bond yield was at 6.44 per cent in morning trade.</p>.<p>Meanwhile, on the global front, the US has announced visa restrictions against officials of the Chinese government and the Communist Party of China for instituting a highly "repressive campaign" against ethnic and religious minorities, including the Uyghur Muslims, in the country's Xinjiang province.</p>
<p>The Indian rupee opened on a cautious note and fell 20 paise to 71.22 against the US dollar in early trade on Wednesday tracking subdued opening in domestic equities and foreign fund outflows.</p>.<p>However, weakening of the US dollar vis-a-vis other currencies overseas and easing crude oil prices supported the domestic unit and restricted the fall.</p>.<p>At the interbank foreign exchange, the rupee opened on a strong note at 71.20 then lost momentum and fell to 71.22 against the US dollar, showing a decline of 20 paise over its previous closing.</p>.<p>The Indian rupee on Monday had closed at 71.02 against the US dollar.</p>.<p>Forex market was closed on Tuesday on account of Dussehra.</p>.<p>Domestic bourses opened on a cautious note on Wednesday with benchmark indices Sensex trading 28.70 points down at 37,503.28 and Nifty lower by 3.20 points at 11,123.20.</p>.<p>Foreign institutional investors (FIIs) offloaded shares worth Rs 494.21 crore on Monday, according to provisional exchange data.</p>.<p>The dollar index, which gauges the greenback's strength against a basket of six currencies, fell by 0.04 per cent to 99.09.</p>.<p>Crude oil benchmark, Brent Futures, eased 0.39 per cent to USD 58.01 per barrel.</p>.<p>The 10-year government bond yield was at 6.44 per cent in morning trade.</p>.<p>Meanwhile, on the global front, the US has announced visa restrictions against officials of the Chinese government and the Communist Party of China for instituting a highly "repressive campaign" against ethnic and religious minorities, including the Uyghur Muslims, in the country's Xinjiang province.</p>