Rupee Close News Today

The domestic unit finally settled at 83.51 (provisional) against the dollar, 1 paisa higher than its previous close.

The rupee ended at 83.3675 against the US dollar, lower by 0.03% compared with its close at 83.3425 in the previous session.

The Indian rupee remained steady against the US dollar on Wednesday, despite the yuans depreciation and other Asian currencies weakening. Predictions of inflows into Indian equities later in the session aided the rupee, as the MSCI Index was set to be rebalanced.

The Indian rupee closed at 81.85 per dollar, down 18 points from its previous close of 81.67 on dollar demand from importers and recovery in crude oil prices. Forex traders said sustained foreign fund outflows and concerns over rising COVID-19 cases in China also weighed on investor sentiments. At the interbank foreign exchange market, the local unit opened at 81.81 and later witnessed

Tuesday's closing rate of the rupee against the US dollar was 81.67, up 12 paise as the greenback depreciated from its recent highs. The local unit against the US dollar started out at 81.72 on the interbank foreign exchange market and fluctuated between an intraday high of 81.64 and a low of 81.83.

Today morning, the Indian rupee fell as well. It opened at 81.85 per US dollar as against its Friday closing of 81.69. Indian stock indices extended their slump for the third consecutive session to start a fresh week. Continued profit booking by investors coupled with an eye on the future course of monetary policy action by the US Federal Reserve weighed on the indices.

The rupee closes at a new all-time low of 77.73 against the dollar, the fifth record weak close in the last 10 trading sessions.

The local currency rose to an intra-day high of 74.84 against the dollar and fell to an intra-day low of 75.07.

The local currency opened at 74.78 against the dollar at the interbank foreign exchange market on Friday. It rose to an intra-day high of 74.74 and fell to an intra-day low of 74.98 against the dollar during trade on Friday.

The rupee opened on a negative note at 74.40 per dollar as against its previous close of 74.26 at the interbank foreign exchange market.