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economy | Rupee up by 15 paise at 82.45 per dollar

share market rupee-climbs-12-paise-to-75-42-against-us-dollar-in-early-trade

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Mumbai: The rupee on Wednesday appreciated by 15 paise to close at 82.45 (provisional) against the American currency at the interbank foreign exchange market. The rise in the domestic equity market and easing of inflationary pressure supported the rupee as investors’ sentiment improved. Besides, weakening of the dollar against other major currencies and fall in crude oil prices also supported the rupee, traders said.

The rupee opened almost unchanged at 82.60 at the interbank foreign exchange market and ended the day at 82.45 against the US dollar, up 15 paise. The rupee touched a high of 82.40 and a low of 82.71 during the day. In the previous trading session, the rupee had closed at 82.60 per dollar.

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Meanwhile, the dollar index, which reflects the strength of the dollar against six major world currencies, declined 0.28 per cent to 103.69. Global oil benchmark Brent crude futures declined 0.26 per cent to $80.47 a barrel. BSE’s 30-share Sensex rose 144.61 points to close at 62,677.91 points. Foreign institutional investors (FIIs) remained net buyers in the capital market and bought shares worth Rs 619.92 crore on Tuesday, according to stock market data. (agency)

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