Rupee declines 8 paise

Rupee declines 8 paise

Mid-day Online

Mid-Day
News
By Mid-day Online
Published Jul 14, 2023
Snapping its four-day winning run, the rupee depreciated by 8 paise to close at 82.16 against the US dollar on Friday

Snapping its four-day winning run, the rupee depreciated by 8 paise to close at 82.16 against the US dollar on Friday

Mid-day Online

However, strong buying in domestic equity markets restricted losses in the local unit, forex traders said.

However, strong buying in domestic equity markets restricted losses in the local unit, forex traders said.

Mid-day Online

At the interbank foreign exchange market, the rupee opened strong at 81.97 against the US dollar.

At the interbank foreign exchange market, the rupee opened strong at 81.97 against the US dollar.

Mid-day Online

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Later, it erased all the gains to settle at 82.16, down by 8 paise over the previous close.

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During the session, the domestic unit witnessed an intra-day high of 81.92 and a low of 82.17.

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