Rupee Slips 9 Paise To 82.05 Against US Dollar Amid Geopolitical Worries

Volatility in equity markets and FII outflows also weighed on the market sentiment, analysts said.

The rupee declined by 9 paise to close at 82.04 (provisional) against the US dollar on Monday amid geopolitical concerns and firming crude oil prices.

Volatility in equity markets and FII outflows also weighed on the market sentiment, analysts said.

After opening lower, the rupee staged a recovery to hit the day's high of 81.94 in morning trade amid early gains in equities and a weaker greenback in the overseas markets.

However, the local currency retreated from early highs amid volatile stock markets and touched a low of 82.05 in afternoon trade at the interbank foreign exchange market.