Currency Buzz: INR Settles Marginally Lower

13 Oct 2022 , 05:58 PM

The Indian rupee traded in a narrow range and settled 5 paise lower at 82.38 against the US dollar on Thursday, tracking a muted trend in domestic equities amid weak domestic macroeconomic data. Besides, risk aversion sentiment among investors weighed on the local unit. At the interbank foreign exchange, the rupee witnessed range-bound trading. It opened at 82.30 against the US dollar, then fell further to close at 82.38, registering a fall of 5 paise over the last close. It was moving in a tight range of 82.25 to 82.42.Powered by Commodity Insights