Finance
On Thursday, the rupee rose 15 paise to close at 82.73 (provisional) against the US dollar, tracking its regional peers and lower crude oil prices.
According to forex traders, a sluggish trend in domestic equities and foreign fund outflows weighed on investor sentiment and limited the appreciation bias.
The local currency opened at 82.78 against the US dollar on the interbank foreign exchange market and eventually settled at 82.73 (provisional) against the greenback, a gain of 15 paise from its previous close of 82.88.
Against the dollar, the rupee reached a high of 82.71 and a low of 82.79 during the trading session.
The dollar index, which measures the strength of the US currency against a basket of six currencies, increased 0.02 percent to 104.61.
Brent crude futures rose 0.34 percent to USD 80.87 per barrel, the global oil benchmark.
According to exchange data, foreign institutional investors (FIIs) were net sellers in the capital market on Wednesday, offloading shares worth Rs 579.82 crore.
Source:FE
