The Indian rupee ended weaker against the US dollar on Monday amid geopolitical concerns and firming crude oil prices. Volatility in equity markets and FII outflows also weighed on the market sentiment. Traders were concerned as the Reserve Bank of India's (RBI) paper has said inflation is slowing down personal consumption expenditure, which in turn is moderating corporate sales and holding back private investment in capacity creation. On the global front, Russian rouble tumbled to its lowest in nearly 15 months against the dollar in early trade on Monday before paring losses, as investors responded for the first time to an aborted mutiny by heavily armed mercenaries in Russia over the weekend.
Finally, the rupee ended at 82.05 (Provisional), weaker by 9 paise from its previous close of 81.96 on Friday. The currency touched a high and low of 82.05 and 81.94 respectively.
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