Rupee falls 29 paise to close at 82.68 against U.S. dollar
The Hindu
During the day, the rupee touched a high of 82.45 and a low of 82.68 against the greenback
The rupee fell 29 paise to close at 82.68 (provisional) against the U.S. dollar on June 5, weighed down by the strength of the American currency in the overseas market.
At the interbank foreign exchange, the domestic unit opened at 82.47 against the dollar, and finally settled at 82.68 (provisional), down 29 paise from its previous close.
During the day, the rupee touched a high of 82.45 and a low of 82.68 against the greenback.
On Friday, the rupee had settled at 82.39 against the dollar.
The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.24% to 104.26.
Brent crude futures, the global oil benchmark, advanced 1.62% to $77.36 per barrel.
According to Dilip Parmar, Research Analyst, HDFC Securities, the rupee registered the worst day after March 14 amid weaker regional currencies after a surge in the US dollar backed by the upbeat U.S. job data.
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