Rupee falls 15 paise to close at 82.09 against U.S. dollar
The Hindu
The rupee depreciated by 15 paise to close at 82.09 (provisional) against the U.S. dollar on Thursday, tracking a strong American currency and rising crude oil prices in overseas markets.
The rupee depreciated by 15 paise to close at 82.09 (provisional) against the U.S. dollar on Thursday, tracking a strong American currency and rising crude oil prices in overseas markets.
Besides, negative sentiments in the equity markets also dragged down the local unit.
Forex traders said investors traded cautiously awaiting inflation data on the domestic front, which is slated to be announced on Friday. On the other hand, the U.S. currency found support amid the easing of U.S. inflation, which also triggered positive sentiments across the global markets.
At the interbank foreign exchange market, the local unit opened weak at 81.97 against the U.S. currency and finally closed at 82.09 (provisional), registering a fall of 15 paise over its previous close.
During the session, the rupee touched its intra-day high of 81.93 and hit the lowest level of 82.13 against the dollar.
On Wednesday, the rupee closed at 81.94 against the U.S. currency.
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