Rupee Appreciates by 32 Paise; Closes at 82.50

MUMBAI: Amidst the stagnant dollar index and surging Global crude oil prices, the Indian Rupee on Thursday closed at 82.50 against the US Dollar.

According to experts, factors like strong Asian peers and crude oil prices trading below $ 80 per barrel also helmed the currency. The Global oil benchmark Brent crude futures rose 2.62% to $79.88 per barrel.

At the interbank foreign exchange market, the local unit opened at 82.75 and touched an intra-day high of 82.50 and a low of 82.80 against the greenback recording an appreciation of 32 paise.

The dollar index — which measures the American currency against the yen, the pound, the Canadian dollar, the Swedish krona, the Swiss franc, and the euro — was last trading flat at 104.

Meanwhile, gold in the national capital declined by Rs 201 to Rs 55,994 per 10 grams. On the contrary, silver plummeted by Rs 1,475 to Rs 69,286 per kilogram.

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