The Indian rupee today fell 14 paise to settle at 76.54 against the US dollar amid a broad-based strengthening of the greenback against other currencies.
Opening at 76.46 a dollar, the rupee traded in the range of 76.41 to 76.69 to a dollar. In comparison, the rupee had settled at 76.40 against the US dollar in the previous session.
The US dollar strengthened against its key rivals with the dollar index rising 0.15% to 99.985 today. So far this year the rupee is down about 7.5% against the US dollar, weighed down by outflows from Indian markets.
Earlier this month, the rupee had an all-time low of 76.88 against the US dollar. Today, Indian stock markets also ended flat amid volatile trade.