In the Forex market today, Indian rupee ended 14 paise lower at 83 rupees 96 paise against the US dollar. The decline was driven by a strengthening US Dollar, the surge in crude prices and a steep fall of over two per cent in the domestic equity markets.
The dollar index, which indicates the US dollar’s strength against a basket of six other leading currencies, is trading at 101.89 in intra-day trade.