The rupee remained volatile and depreciated 7 paise to 95.22 against the US dollar in early trade on Tuesday, weighed down by elevated crude oil prices, geopolitical uncertainty, and a stronger greenback ahead of the US Federal Reserve's policy decision.

Forex traders said the Indian currency showed some recovery on likely intervention by the Reserve Bank of India (RBI), but failed to withstand pressure from foreign fund outflows amid subdued domestic equity market sentiment.