Rupee falls 14 paise to close at 82.19 against U.S. dollar
The Hindu
FII inflows and weak crude oil prices supported the rupee at lower levels
The rupee fell 14 paise to close at 82.19 (provisional) against the U.S. dollar on Thursday, pulled down by a strong greenback overseas and a negative trend in domestic equities.
Forex traders said the rupee depreciated slightly on recovery in the U.S. dollar after the U.S. Fed left key interest rate unchanged, but hinted more rate hikes this year.
However, FII inflows and weak crude oil prices supported the rupee at lower levels, they added.
At the interbank foreign exchange, the domestic unit opened at 82.16 against the dollar, and finally settled at 82.19 (provisional), down 14 paise from its previous close.
During the day, the rupee touched a high of 82.02 and a low of 82.25 against the greenback.
On Wednesday, the rupee had settled at 82.05 against the dollar.
The dollar index, which gauges the greenback's strength against a basket of six currencies, advanced 0.09% to 103.03.
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