In the Forex market, the rupee today depreciated by 43 paise to close at 86 rupees and 69 paise against the US dollar amid heightened trade tensions. Even though crude oil prices fell sharply and the American currency remained weak, the Indian currency stayed under pressure due to the continued outflow of foreign funds and lacklustre sentiment in the domestic equity markets.

The dollar index, which indicates the US dollar’s strength against a basket of six other leading currencies, was trading at 102.22 in intraday trade.