Foreign fund outflows and elevated crude oil prices also impacted the domestic unit, forex traders said.

 

At the interbank foreign exchange, the rupee opened sharply lower at 77.52 against the American dollar, then lost further ground to quote 77.55, registering a fall of 30 paise from the last close. In initial deals, the domestic currency was moving in a range of 77.50 and 77.57.

 

In the previous session, the rupee had settled at 77.25 against the dollar.