Wednesday, 28 September, 2022
E-paper

Rupee falls 4 paise to close at 79.66 against dollar

Rupee falls 4 paise to close at 79.66 against dollar

The rupee depreciated 4 paise to close at 79.66 (provisional) against the US dollar on Friday, tracking a strong American currency in the overseas market and rising crude oil prices.

At the interbank foreign exchange market, the local currency opened at 79.67 and saw an intraday high of 79.63 and a low of 79.72 against the American currency.

It finally ended at 79.66, down 4 paise over its previous close. On Thursday, the rupee depreciated by 37 paise to close at 79.62 against the US dollar, reports PTI.

Traders said the rupee traded in a narrow range as investors awaited key domestic macroeconomic data points like index of industrial production (IIP) and consumer price index (CPI) for further cues.