The Indian rupee on Friday settled 12 paise lower at 71.74 against the US dollar, following substantial selling in household values and development worries in front of the arrival of Gross domestic product information.
Forex brokers said month-end dollar requests from shippers and vulnerability over the US-China exchange talks additionally burdened the local money.
At the interbank outside trade showcase, the nearby money opened powerless at 71.63 and during the day, it lost further ground and tumbled to a low of 71.87.
On Thursday, the neighborhood unit had settled at 71.62 against the greenback.
On a week after week premise, the residential unit has lost 3 paise.