Page 6 - Rupee Falls News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The rupee depreciated 5 paise to close at 82.23 (provisional) against the US dollar, tracking surging crude oil prices and a strong greenback against major rivals overseas.

At the interbank foreign exchange, the domestic unit opened at 81.92, then touched a high of 81.91 against the American currency, registering a rise of 10 paise over its last close. On Wednesday, the rupee had settled at 82.01 against the dollar.

According to Finrex Treasury Advisors LLP Head of Treasury Anil Kumar Bhansali, as the US dollar index rises to 101.10, Asian currencies were trading down against the dollar. The rupee opened near to 82 level with an eye on the approaching FOMC meeting and FED decision on 26th.

The Indian rupee strengthened against the US dollar by 12 paise to close at 81.96 on Thursday. This was due to the boost in investor sentiment due to domestic equity benchmarks scaling all-time high levels and a decline in the American dollar in the overseas market. Further, uninterrupted foreign fund inflows into domestic capital markets also supported the rally.

In the domestic equity market, the 30-share BSE Sensex was trading 23.16 points or 0.04 per cent lower at 65,422.88. The broader NSE Nifty declined 10.25 points or 0.05 per cent to 19,388.25.