The Indian rupee fell 8 paise against the US dollar to trade at 82.05 in early trade on Friday. The currency was reportedly impacted by the global and domestic equities market, and the strength of the dollar. Meanwhile, crude prices falling below $75 per barrel prevented further depreciation as per forex traders. The dollar index was up 0.20% against a basket of six currencies, while Brent crude was trading at a lower price of $73.63 per barrel. Foreign Institutional Investors were net sellers in India’s capital markets, offloading shares worth INR 693.28 crore on Thursday.
