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Currency Buzz: INR Settles Slightly Lower

18 Nov 2022 , 05:06 PM

The Indian rupee gave up early gains to settle lower amid a lacklustre trend in domestic equities and firming crude oil prices. INR depreciated 6 paise to close at 81.70 (provisional) against the US dollar on Friday. However, a weak dollar in the overseas market and fresh foreign capital inflows restricted the loss. At the interbank foreign exchange market, the local unit opened up at 81.59 and later erased all its early gains. During the session, it witnessed a high of 81.52 and a low of 81.78.Powered by Commodity Insights

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