The Indian rupee slipped by 2 paise to 75.35 (provisional) against the US dollar on Monday due to rising crude oil prices amid deepening tensions between Russia and Ukraine. Sustained foreign capital outflows also weighed on investor sentiments. At the interbank foreign exchange market, the rupee opened weak at 75.73 against the US dollar. However, it recovered most of its losses to quote at 75.35 at 1530 hrs, down 2 paise from the previous close. Meanwhile, the dollar index, which gauges the greenbacks strength against a basket of six currencies, was trading 0.46 per cent higher at 97.06.
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