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Currency Buzz: INR Tumbles Tracking Upbeat DXY

25 Apr 2022 , 05:25 PM

The Indian rupee declined 26 paise to close at 76.68 (provisional) against the US dollar on Monday, tracking a strong greenback overseas and a lacklustre trend in the domestic equity markets. At the interbank foreign exchange market, the rupee opened lower at 76.58 against the American currency, and finally settled for the day at 76.68, down 26 paise over its previous close. During the trading session, the rupee witnessed an intra-day high of 76.55 and a low of 76.77. On Friday, the rupee had closed 25 paise lower at 76.42.

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