The rupee snapped its three-session winning run on Monday, declining by 12 paise to close at 73.28 against the US dollar amid weakening Asian peers against the greenback. Starting off on a bullish note, the Indian currency touched the day’s high of 73.06 before losing momentum. It swung 25 paise during the session.
Clocking its first loss in four sessions, the domestic unit finally settled 12 paise lower at 73.28 against the American currency.
Analysts said the rupee came under pressure in view of strengthening US dollar against Asian currencies, though easing crude oil prices lent some support to the Indian unit.The dollar index, which gauges the greenback’s strength against a basket of six currencies, gained 0.11 per cent to 93.15.
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