In early trading on Monday, the rupee fell 35 paise to 82.63 against the US dollar . The dollar index, which measures the greenbacks strength against a basket of six currencies, fell 0.3 percent to 105.16 .
In early trading on Monday, the rupee fell 35 paise to 82.63 against the US dollar, while the dollar index, which measures the greenbacks' strength against a basket of six currencies, fell 0.3 percent to 105.16.According to exchange results, foreign institutional investors (FIIs) became net sellers in the capital markets on Friday after investing Rs 36,200 crore in the Indian equity markets so far in December, mainly due to the decline in the dollar index.However, foreign portfolio investors (FPIs) turned sellers in the last four trading sessions, pulling out Rs 3,300 crore as they are taking a cautious position ahead of the US Federal Reserve's interest rate decision.