The Indian rupee declined 4 paise to 82.88 (provisional) against the US dollar on Friday, weighed down by unabated foreign fund outflows and a negative trend in domestic equities. The benchmark S&P BSE Sensex ended the session down 453.85 points, or 0.62 percent, at 72,643.43. The broader NSE Nifty index settled 123.30 points, or 0.56 percent, lower at 22,023.35.Strengthg in the American currency overseas and crude oil prices in the international market also dented investors' sentiments. At the interbank foreign exchange market, the local unit opened at 82.95 and touched the intra-day low of 82.96 and a high of 82.85 against the greenback. The local unit finally settled at 82.88 (provisional) against the dollar, registering a loss of 4 paise from its previous close. Meanwhile, India's exports rose 11.9% to USD 41.4 billion in February, the highest in the current fiscal, while the trade deficit stood at USD 18.7 billion, according to the data released by the commerce ministry. The Read The Rest at :