India, Oct. 28 -- The rupee declined by 8 paise to close at 88.27 against the US dollar on Tuesday, weighed down by weak domestic equities and persistent foreign fund outflows.
According to forex traders, a soft US dollar and easing crude oil prices helped limit the currency's losses.
Market participants are now closely watching the US Federal Reserve's policy decision on Wednesday for further direction on global interest rate trends.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....