Rupee Vs. USD: Indian Rupee Opens 2 Paise Lower Against the USD

4 Aug 2023 , 10:46 AM

The Indian rupee opened flat against the US dollar on Friday, opening 2 Paise lower at 82.74 a dollar compared to the previous close of 82.72. 

On Thursday, the rupee hit its lowest level in over two months before closing at 82.72 against the dollar. In the domestic market, the Indian equity benchmark indices Sensex and Nifty traded higher.

On Thursday, Foreign institutional investors (FIIs) net sold Indian shares worth Rs 317.46 crore, while Domestic Institutional Investors (DIIs) net bought shares worth Rs 1,729.19 crore, per provisional data from the exchanges.

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