The rupee depreciated 3 paise to close at 82.04 (provisional) against the U.S. dollar on Tuesday, monitoring destructive sentiments within the home equities market.
Forex merchants mentioned a weak buck against main currencies and falling crude costs, nevertheless, resisted the autumn within the home unit.
At the interbank overseas alternate, the native unit opened sturdy at 81.99 against the dollar. During intra-day, it climbed to 81.96 and hit the bottom degree of 82.09.
It lastly ended the session at 82.04 (provisional), 3 paise decrease from its earlier close.
On Monday, the rupee settled at 82.01 against the dollar.
Meanwhile, the dollar index, which gauges the buck’s power against a basket of six currencies, fell 0.37% to 101.73.
Brent crude futures, the worldwide oil benchmark, declined 0.32% to $84.49 per barrel.
On the home fairness market entrance, the 30-share BSE Sensex closed 183.74 factors or 0.31% decrease at 59,727.01 factors. The broader NSE Nifty declined 46.70 factors or 0.26% to 17,660.15 factors.
Foreign Institutional Investors (FIIs) have been web sellers within the capital markets on Monday as they offloaded shares value ₹533.20 crore, in accordance to alternate knowledge.