After opening on a flat note, the rupee lost some ground as the morning trade progressed.

At the interbank foreign exchange, the rupee opened at 71.60 then fell to 71.71 against the US dollar.

The dollar index, which gauges the greenback's strength against a basket of six currencies, fell by 0.05 per cent to 98.40.

Foreign fund inflows and easing crude prices supported the local currency.

At the interbank foreign exchange the rupee opened at 70.82, then gained further ground and touched a high of 70.80.

The rupee opened at 70.96, then gained further ground and touched a high of 70.87.

The rupee opened on a strong note at 71.20 then lost momentum and fell to 71.22 against the US dollar,

The rupee opened weak at 71.00 at the interbank forex market and then fell further to 71.09.

The rupee opened at 71.22 then fell to 71.35 against the US dollar.

The rupee opened on a strong note at 70.37 then lost momentum and fell to 70.63 against the US dollar.