Rupee Down 11 Paise to Close at 82.60 Against US Dollar
MUMBAI: The Indian Rupee plunged by 11 paise closing at 82.60 (provisionally) against a strong US Dollar on Thursday.
At the interbank foreign exchange market, the rupee opened at 82.57 against the greenback and closed at 82.60 (provisional), registering a fall of 11 paise over its previous close of 82.49.
During the session, the local unit traded between a high of 82.54 and a low of 82.61 against the greenback.
Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading 0.25 per cent higher at 104.74.
Global oil benchmark Brent crude futures advanced 0.53 per cent to $84.76 per barrel.
Gold continued to remain volatile on Thursday. It dropped by Rs 295 to Rs 55,700 per gram. The Silver also tumbled by Rs 640/kg.