Early trading: The rupee traded at its lowest level of 84.07 against the US dollar in early trade on Friday amid a strengthening of the US currency and continued foreign capital outflows.
However, the decline in the local currency was limited to some extent due to signs of some improvement in domestic stock markets, Forex traders said.
In the interbank forex market, the rupee opened at 84.07 per dollar, the same as the previous closing price.
The rupee closed at 84.07 against the US dollar on Thursday.
Meanwhile, the dollar index, which measures the position of the US dollar against six major currencies, stood at 103.95, up slightly by 0.03 percent.
International standard Brent crude oil settled at $74.56 per barrel with a gain of 0.24 percent.
According to stock market data, foreign institutional investors (FIIs) were sellers on Thursday and sold shares worth a net Rs 5,062.45 crore.
Also read: Domestic markets fall after initial gains, Sensex drops many points
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