Rupee falls 20 paise to close at 82.85 against U.S. dollar

At the interbank foreign exchange market, the rupee opened lower at 82.71 against the greenback

The rupee declined 20 paise to close at 82.85 (provisional) against the U.S. dollar on December 27, pressured by month-end dollar demand from importers and foreign capital outflows.

At the interbank foreign exchange market, the rupee opened lower at 82.71 against the greenback and witnessed an intraday high of 82.69 and a low of 82.87.

It finally settled at 82.85, down 20 paise over its previous close of 82.65.

The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.27% lower at 104.02.

Global oil benchmark Brent crude futures rose 0.83% to $84.62 per barrel.

The 30-share BSE Sensex ended 361.01 points or 0.60% higher at 60,927.43, while the broader NSE Nifty climbed 117.70 points or 0.65% to 18,132.30.

Foreign Institutional Investors (FIIs) were net sellers in capital markets on Monday as they sold shares worth ₹497.65 crore, according to exchange data.