Rupee falls 22 paise to close at 82.23 against U.S. dollar

At the interbank foreign exchange, the domestic unit opened at 82.05 against the dollar, and finally settled at 82.23

The rupee fell 22 paise to close at 82.23 (provisional) against the U.S. dollar on July 5, weighed down by a weak tone in local equity markets and disappointing domestic macroeconomic data.

The strength of the American currency in the overseas market and firm crude oil prices also put downside pressure on the rupee.

At the interbank foreign exchange, the domestic unit opened at 82.05 against the dollar, and finally settled at 82.23 (provisional), down 22 paise from its previous close.

During the day, the rupee touched a high of 82.05 and a low of 82.25 against the greenback.

On Tuesday, the rupee had settled at 82.01 against the dollar.

The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.02% to 103.06.

Brent crude futures, the global oil benchmark, declined 0.22% to $76.08 per barrel.