Rupee rises 4 paise to close at 82.47 against U.S. dollar
The Hindu
The rupee appreciated by 4 paise to close at 82.47 (provisional) against the U.S. dollar on Friday amid foreign fund inflows.
The rupee appreciated by 4 paise to close at 82.47 (provisional) against the U.S. dollar on Friday amid foreign fund inflows.
Forex traders said a strong dollar overseas and weak sentiment in domestic equities capped the gains in the domestic currency.
At the interbank foreign exchange, the domestic unit opened at 82.49 against the dollar and finally settled at 82.47 (provisional), up 4 paise from its previous close.
During the session, it touched a peak of 82.41 and a low of 82.50 against the greenback.
On Wednesday, the rupee had settled at 82.51 against the dollar.
The Reserve Bank of India on Thursday opted to pause for the second time in a row, maintaining the key benchmark policy rate at 6.5 per cent citing moderate inflation.
The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.19 per cent to 103.54.
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