Rupee Falls 5 Paise to 83.09 Against Dollar

Mumbai: The rupee depreciated 5 paise to 83.09 against the US dollar in early trade on Wednesday as elevated crude oil prices and strength of the American currency weighed on investor sentiments.

Forex traders said the rupee is trading lower on strong dollar and sustained foreign fund outflows over the past few days.

At the interbank foreign exchange, the domestic unit opened at 83.08, then touched 83.09, registering a decline of 5 paise over its last close.