At the interbank forex market, the local unit opened at 72.43 against the greenback, then lost further ground to touch an intra-day low of 73.51.

The domestic unit opened at 72.43 against the US dollar, then lost further ground and touched 73.10, registering a plunge of 67 paise over its previous close.

At the interbank forex market, the local unit opened at 72.35 against the greenback and witnessed an intra-day high of 72.26 and a low of 72.41.

Forex traders said the Fed Chairman Jerome Powell's dovish statement on the US economy also boosted investor sentiment.

The Indian rupee managed to increase marginally and end at 72.46 (provisional) against the US dollar on Tuesday

At the interbank forex market, the domestic unit opened at 72.36 against the US dollar and inched higher to 72.33 against the greenback, registering a rise of 16 paise over its previous close.

At the interbank forex market, the local unit opened at 72.58 against the greenback and witnessed an intra-day high of 72.29 and a low of 72.58.

At the interbank forex market, the domestic unit opened at 72.58 against the US dollar and inched higher to 72.54 against the greenback, registering a rise of 11 paise over its previous close.

The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.26 per cent to 90.71.

The domestic unit opened at 72.76 against the US dollar, then inched lower to 72.77 against the American currency, registering a fall of just 3 paise over its previous close.

The Indian economy seems to have entered the red zone. And the causes aren’t all global.