Rupee Falls By 12 Paise To Close At 82.82 Against US Dollar
NDTV
On a weekly basis, the rupee declined by 24 paise in its fourth straight week of losses against the dollar.
The rupee depreciated by 12 paise to close at 82.82 against the US currency on Friday as a stronger greenback in the overseas market and a muted trend in domestic equities weighed on investor sentiments.
FII outflows from the capital markets also hit the rupee sentiment while weak crude oil prices lent some support to the unit which posted its fourth straight week of decline.
At the interbank foreign exchange market, the rupee opened at 82.77 against the greenback and finally settled at 82.82, registering a fall of 12 paise over its previous close of 82.70.
During the session, the domestic unit witnessed an intra-day high of 82.73 and a low of 82.85 against the American dollar.
