Rupee and Dollar Rate Today: On Tuesday, the rupee rose 34 paise to 69.43 against the American currency.
The rupee declined by 27 paise and fell to 69.70 per dollar mark in early trade on Wednesday amid strengthening of the American currency and lower opening in domestic equities, reported news agency Press Trust of India (PTI). Sustained foreign fund outflows also weighed on the local unit, traders were quoted as saying in the PTI report. However, lower crude oil prices capped the losses, they said. On Tuesday, the rupee had appreciated 34 paise to 69.43 against the American currency.