Rupee tumbles 60 paise to 72 against US dollar in early trade

The rupee tumbled 60 paise to 72.03 against the US dollar in the early morning trade on Tuesday amid mixed oil prices and subdued Asian equities. 

The domestic unit on Friday appreciated by 38 paise to close at a two-week high of 71.42 on Friday led by a rally in domestic equities and renewed hopes of the US-China trade talks. 

Data shows foreign investors pulled out a net amount of Rs 5,920 crore from the Indian capital markets in August, even as the government rolled back enhanced surcharge on FPIs last week. In July, overseas investors had pulled out a