Rupee rises 15 paise to close at 82.70 against U.S. dollar
The Hindu
The rupee appreciated by 15 paise to 82.70 against the U.S. dollar on Wednesday, supported by foreign capital inflows.
The rupee appreciated by 15 paise to 82.70 against the U.S. dollar on Wednesday, supported by foreign capital inflows.
A strong dollar against major rivals overseas and weak domestic equities weighed on the local unit and capped the appreciating bias, forex traders said.
At the interbank foreign exchange market, the local unit opened at 82.83 against the U.S. dollar and settled at 82.70, higher by 15 paise over its previous close.
During the day, the domestic unit witnessed an intra-day high of 82.64 and a low of 82.84 in the day trade.
On Tuesday, the rupee closed at 82.85 against the U.S. currency.
The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.18 per cent to 103.67.
Global oil benchmark Brent crude futures advanced 1.81 per cent to $78.23 per barrel.