Rupee rises 6 paise to close at ₹82.69 against US dollar

The local unit opened weak at ₹82.80 against the greenback and witnessed an intra-day high of ₹82.57 and a low of ₹82.80

The rupee gained 6 paise to settle at ₹82.69 (provisional) against the U.S. dollar on Monday as robust buying in the domestic equities and a weak American currency against key crosses overseas boosted investor sentiments.

However, fresh foreign capital outflows and rising crude prices restricted the rupee's rise, forex dealers said.

At the interbank forex market, the local unit opened weak at ₹82.80 against the greenback and witnessed an intra-day high of ₹82.57 and a low of ₹82.80.

It finally ended at ₹82.69 against the American currency, registering a rise of 6 paise over its previous close of ₹82.75.

The dollar index, which gauges the greenback's strength against a basket of six currencies, declined 0.44% to 104.24.

On the domestic equity market front, the BSE Sensex ended 468.38 points or 0.76% higher at 61,806.19, while the broader NSE Nifty advanced 151.45 points or 0.83% to 18,420.45.

Brent crude futures, the global oil benchmark, advanced 1.10% to $79.91 per barrel.