On Thursday Rupee ended at 81.77/ $

11 Nov 2022 , 10:07 AM

On Thursday, the rupee lost 30 paise to settle at 81.77 (provisional), as market investors exercised caution before releasing of the US inflation figures. Domestic stocks’ dismal trajectory, according to forex traders, also dampened investor morale. The local unit at the interbank foreign currency market started at 81.61 and fluctuated between 81.54 and 81.92.

It ultimately lost 30 paise from its previous level of 81.47 to conclude at 81.77 against the US dollar. On the local equities market, the broad NSE Nifty slid 128.80 points or 0.71 percent to 18,028.20, while the 30-share BSE Sensex fell 419.85 points or 0.69 percent to end at 60,613.70. FIIs (Foreign Institutional Investors) continued to be net purchasers in the capital markets on Wednesday, buying shares worth Rs 386.83 crore, per exchange data.

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