Re falls by 21 paise in early trade

The Indian rupee today depreciated by another 21 paise to trade at 48.15 against the $ on sustained capital outflows amid heavy $ buying.

The spreading swine flu in the country and the below-normal monsoon also influenced the trading sentiment.

In fairly active trade at the Interbank Foreign Exchange market, the domestic unit resumed lower at 48.15 a $ from its overnight close of 48.36/37.

Heavy $ buying in non-deliverable futures and contraction in overseas markets also put pressure on the rupee.