Currency Buzz: INR Depreciates As Dollar Recovers

14 Oct 2022 , 06:14 PM

The Indian rupee depreciated 8 paise to close at 82.32 (provisional) against the US dollar on Friday, as a firm American currency and risk-averse sentiment among investors weighed on the local unit. At the interbank foreign exchange market, the local currency opened at 82.26 and finally settled at 82.32 against the American currency, registering a decline of 8 paise over its previous close. During the day, the local unit witnessed a high of 82.12 and a low of 82.43 against the greenback.Powered by Commodity Insights