Currency Buzz: Dollar Strength Weighs on INR

28 Oct 2022 , 05:38 PM

Strength in the greenback overseas weighed on the Indian rupee that declined by 15 paise to close at 82.48 (provisional) against the US dollar on Friday. However, a positive trend in domestic equities and fresh foreign fund inflows limited losses in the domestic currency. At the interbank foreign exchange market, the local currency opened weak at 82.39 and witnessed a high of 82.29 and a low of 82.49. It finally settled at 82.48 against the American currency, registering 15 paise loss over its previous close.Powered by Commodity Insights