The rupee closed flat at 85.73 against the US dollar on Wednesday, tracking a sluggish trend in the domestic equity market amid persistent foreign capital outflows.
A firm US dollar in overseas markets and crude oil staying near $70 per barrel also impacted sentiments, forex dealers said.
At the interbank foreign exchange, the rupee opened weak at 85.84 against the US dollar, and traded in a range of 85.93 and 85.65 during the day.
The local unit finally closed unchanged at 85.73.
On Tuesday, the rupee rose by 21 paise to 85.73 against the US dollar. -- PTI