The Indian rupee appreciated by 8 paise to close at 81.22 (provisional) against the US dollar on Thursday on broad dollar weakness after Federal Reserve Chairman Jerome Powell said the pace of interest rate hikes may slow. Besides, foreign fund inflows and a rally in domestic equities boosted investor sentiments. At the interbank foreign exchange market, the local unit opened at 81.08 and touched an intra-day high of 80.98 and a low of 81.32 against the greenback. Powered by Commodity Insights
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