Bharat Express

US Dollar

A positive cue from domestic equity markets and sustained buying by foreign institutional investors also supported the Indian currency, forex traders said.

Bhansali further noted that Brent oil price rose to USD 78 per barrel as the Middle East supply worries and Houthi attacks continued in the Red Sea.

Indian rupee experienced a depreciation of 11 paise against the US dollar, settling provisionally at 83.32 amidst various factors impacting both global and domestic markets

The government's fiscal deficit reached 45 percent of the full-year budget forecast at the end of October

Joel Sibusiso Ndebele, South African High Commissioner to India slammed the “domination” of the US dollar in the world economy and said it does not benefit developing countries. 

Rupee rises by 24 paise to 82.08 against US dollar

Rupee falls 25 paise to 82.46 against US dollar in early trade.

Meanwhile, the rupee declined 25 paise to close at 82.62 against the US dollar on Wednesday.

In the domestic equity market, the 30-share BSE Sensex rose 84.34 points or 0.14 per cent to 59,372.69 points.

At the interbank foreign exchange, the domestic unit opened flat at 82.79 against the dollar. Later, it lost some ground to quote at 82.83, registering a decline of 4 paise over its last close.