MUMBAI: The Indian rupee has weakened as crude oil prices soar and foreign capital inflows. Indian rupee fell 17 paise to close at 68.71 a dollar in the previous session.
Currencies in other countries are also depreciating against the dollar. However, the rupee has not depreciated due to the rise in the domestic stock market, analysts say. At the Interbank Foreign Exchange (Forex) market, the domestic unit traded at 68.71 a dollar, down from its previous close of 69.76.