Rupee falls for 2nd day, declines 17 paise to 74.43 against dollar

August 10, 2021 20:38

Extending losses for the second straight session, the rupee on Tuesday fell by 17 paise to end at 74.43 against the US currency due to a stronger dollar in the overseas markets.

The rupee opened on a negative note at 74.40 per dollar as against its previous close of 74.26 at the interbank foreign exchange market. It hovered in the range of 74.33 to 74.46 per dollar during the day before closing at 74.43.

The domestic currency has lost 28 paise in the two trading sessions to Tuesday.

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.10 per cent to 93.04.

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