Muted domestic equities, unabated foreign capital outflows and rising crude prices restricted the rupee’s rise, forex dealers said.
PTI
February 07, 2023 / 04:18 PM IST
At the interbank foreign exchange market, the local unit opened strong at 82.68 and touched an intra-day high of 82.62 and a low of 82.80 against the greenback.
The rupee appreciated 6 paise to close at 82.70 against the US dollar on Tuesday, as a weak American currency against major rivals overseas boosted investor sentiments.
However, muted domestic equities, unabated foreign capital outflows and rising crude prices restricted the rupee’s rise, forex dealers said.
At the interbank foreign exchange market, the local unit opened strong at 82.68 and touched an intra-day high of 82.62 and a low of 82.80 against the greenback.
It finally settled at 82.70, up 6 paise over its previous close of 82.76.
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