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RUPEE FALLS AND VALUES 82.70 AGAINST U.S. CURRENCY

MUMBAI, Feb. 14, 2023 (TBINN)

Rupee fell by 12 paise to close at 82.70 against the United States’ currency on Monday, weighed down by muted trend in domestic equities.

However, sustained inflow of foreign funds into the domestic equity market resisted the fall in the Indian currency, forex traders said.

At the interbank foreign exchange market, the rupee opened at 82.68 against the Greenback, and fell to an intra-day low of 82.77. It finally settled at 82.70, down 12 paise over its previous close.

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