INSUBCONTINENT EXCLUSIVE:
The rupee had appreciated 0.7% in past two trading sessions
The rupee declined by 53 paise, or 0.8
per cent, to close at 70.21 against dollar on Tuesday
That marked first lower closing for rupee against greenback after two days of appreciation
Concerns on widening of current account deficit on rising crude oil prices pulled rupee lower, say analysts
Strength in dollar against major peers overseas also affected rupee
The rupee had appreciated by 52 paise, or 0.7 per cent, in previous two trading sessions
