Mumbai, February 10: The rupee today depreciated for the second day in a row by over 24 paise to end at a week’s low of 45.7250/7350 against the US currency.
Forex dealers attributed the fall to sustained dollar demand from importers and some banks, and sluggish equities.
The Bombay Stock Exchange benchmark Sensex today tumbled by 129.73 points or 0.74 per cent. In three straight sessions of loss it has fallen by a massive 574.15 points or 3.18 per cent.
Increased capital outflows too put pressure on the rupee.
Foreign Institutional Investors (FIIs) have taken out USD 284.56 million in February and a total USD 1.3 billion in 2011 so far.
Meanwhile, global crude oil was trading above USD 86 a barrel in London today.
In active trade at the Interbank Foreign Exchange (Forex) market, the domestic unit opened weak at 45.57/58 a dollar from previous close of 45.
–Agencies