Currency Buzz: INR Recovers Amid Weakness In Greenback Overseas

20 Oct 2022 , 05:18 PM

Weakness in the greenback overseas helped the Indian rupee recover from its fresh lifetime low levels on Thursday. Rupee rebounded to close 25 paise higher at 82.75 (provisional) against the US dollar. Late buying in domestic equities also bolstered sentiment. However, rising crude oil prices in the international market capped the rupees gain. Domestic equity benchmarks ended marginally up and extended their winning streak to the fifth consecutive day. Some fag end recovery was on the back of buying in IT counters. At Close, the 30-share BSE Sensex climbed 95.71 points or 0.16 per cent to settle at 59,202.90 while its broader peer, the NSE Nifty ended 51.70 points or 0.30 per cent higher at 17,563.95. Powered by Commodity Insights