The domestic currency, the Indian rupee had ended lower against the US dollar in the forex market. At the Interbank forex market, the Indian rupee opened at 72.92, 23 paise lower against US dollar. On Tuesday, the Indian rupee had closed at 72.69 against the US dollar.
The dollar-rupee February contract on the NSE was at Rs 72.79 in the last session. The open interest declined almost 8% in the February series.
The Indian rupee traded between 72.608 and 72.685 today. The dollar index fell today after experiencing a sharp rise last week. Accordingly, it fell by 0.21% and settled at 90.27 .