Rupee declines 36 paise to end at 82.87 against U.S. dollar
The Hindu
At the interbank foreign exchange market, the rupee opened lower at 82.63 against the greenback and witnessed a high of 82.60 and a low of 82.87
The rupee declined by 36 paise to close at 82.87 (provisional) against the U.S. dollar on December 13, weighed down by persistent foreign capital outflows from the capital markets.
Risk aversion sentiment among investors ahead of the U.S. Federal Reserve's interest rate decision also impacted trading, Forex dealers said.
At the interbank foreign exchange market, the rupee opened lower at 82.63 against the greenback and witnessed a high of 82.60 and a low of 82.87.
It finally settled at 82.87, down 36 paise over its previous close of 82.51.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.15% to 104.98.
Brent crude futures, the global oil benchmark, climbed 1.73% to $79.32 per barrel.
In the domestic equity market, the 30-share BSE Sensex closed 402.73 points or 0.65% higher at 62,533.30. The broader NSE Nifty rose 110.85 points or 0.60% to 18,608.
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