Rupee Declines 3 Paise to 83.15 Against Dollar

Mumbai: The rupee declined 3 paise to 83.15 against the US dollar in a restricted trade on Monday due to a stronger greenback in overseas markets and foreign fund outflows.

A correction in crude oil prices and firm domestic stock markets in opening trade capped the losses of the rupee, according to forex dealers.

The local unit opened lower by 3 paise at 83.15 against the greenback at the interbank foreign exchange market.