Rupee on Thursday depreciated further in a  three-month-low by 24 paise

 Mumbai:  The rupee on Thursday depreciated further a three-month-low, by 24 paise  closing in red at 86.72, against the US dollar on sustained demand for the greenback from bankers and importers

This was in view of rise in crude oil prices amidst escalating geopolitical tensions in the Middle East, dealers in Forex market said. 

The local currency opened negative at 86.53 against the dollar, down by five paise, as compared to its previous close of 86.48. 

The partially-convertible rupee recorded intra-day high and low at 86.48 and 86.90 per USD, respectively, dealers added.