At the interbank foreign exchange, the domestic unit opened at 85.15 and declined further to 85.29 against the greenback in initial deals, registering a loss of 19 paise over its previous close.
The rupee closed 35 paise higher at 85.10 against the greenback on Monday, after gaining 50 paise in the preceding session on Friday.
Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading lower by 0.03 per cent at 98.83.
Brent crude, the global oil benchmark, dropped 0.26 per cent to USD 64.56 per barrel in futures trade.
In the domestic equity market, the 30-share BSE Sensex tanked 465.46 points, or 0.57 per cent, to 81,710.99, while the Nifty went down 149.90 points, or 0.60 per cent, to 24,851.25.
Foreign institutional investors (FIIs) purchased equities worth Rs 135.98 crore on a net basis on Monday, according to exchange data. PTI HVA DR
