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INDIAN RUPEE AROUND 83.05 AGAINST UNITED STATES’ DOLLAR

MUMBAI, Feb. 15, 2024 (TBINN)

Indian Rupee consolidated in a narrow range and depreciated by 3 Paise to close at 83.05 against United States’ dollar today, tracking a strong American currency and elevated crude oil prices in the international market.

Forex traders said the Indian currency depreciated as foreign fund outflows weighed on the Rupee. However, positive domestic markets cushioned the downside.

At the interbank foreign exchange market, the local unit opened at 83 and finally settled at 83.05 against dollar, down by 3 Paise from its previous close.

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