Currency Buzz: Dollar Weakness Supports INR

1 Nov 2022 , 05:02 PM

Weakness in the greenback overseas supported the Indian rupee to appreciate 10 paise to close at 82.71 (provisional) against the US dollar on Tuesday. The dollar weakened ahead of the FOMC policy meeting on Wednesday. At the interbank foreign exchange market, the local currency opened at 82.74 and witnessed a high of 82.59 and a low of 82.79. It finally settled at 82.71 against the American currency, registering a rise of 10 paise over its previous close amid a positive trend in domestic equities. Powered by Commodity Insights