The rupee consolidated in a narrow range and settled for the day 2 paise lower at 85.25 (provisional) against the US dollar on Tuesday, on recovery in the US dollar and geopolitical tensions between India and Pakistan.
However, positive domestic markets and a decline in crude oil prices cushioned the downside for the domestic unit.
At the interbank foreign exchange, the domestic unit opened at 85.06 and moved between the intra-day high of 84.96 and the low of 85.40 against the greenback.
The unit ended the session at 85.25 (provisional), registering a fall of 2 paise over its previous closing level.
On Monday, the rupee appreciated 18 paise to close at 85.23 against the US dollar. -- PTI