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The rupee slumped to 67.48 against the US dollar due to rising dollar demand and foreign capital outflows.
Forex dealers said the dollar strengthened against major global currencies overseas as crude oil prices zoomed past $76 per barrel level and pushed Treasury yields higher after US President Donald Trump pulled out from the international nuclear deal with Iran.
The rupee sentiment was also hit due to dollar demand from importers.
The domestic unit opened weak by 29 paise at 67.37 at the interbank foreign exchange market today. It hovered in a range of 67.48 and 67.22 before quoting at 67.25, down 17 paise at 4.45 pm local time.
Yesterday, the rupee gained five paise to 67.08 against the US currency on suspected RBI intervention and stray dollar demand. Meanwhile, the benchmark BSE Sensex ended higher by 103.03 points or 0.29 per cent at 35,319.35.
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