Rupee Closes Flat at 82.85 Against US Dollar

Story Highlights
  • Indian Rupee closes at 82.85 against one US Dollar.
  • Rupee in the past two weeks traded between 82.80-82.90.
  • Gold and Silver value also depriciated.

NEW DELHI: The Indian Rupee on Wednesday closed flat after regaining incurred over the past few days mildly.

At the interbank forex exchange, it fell up to 82.9225 during the session, though moved in a narrow 10-paisa range. It ended largely unchanged at 82.8575 per Dollar.

Over the past two weeks the domestic unit has traded between 82.80-82.90.

Meanwhile, the dollar index was flat at 104.240 after China said on Monday it would scrap its COVID-19 quarantine rule for inbound travellers, even as COVID cases spike.

Most Asian currencies declined as investors were divided over China’s policy shift.

Gold price fell by Rs 5 to Rs 55,124 per 10 gram in the national capital on Wednesday amid a fall in precious metal prices in overseas markets. Similarly, silver also slipped Rs 332 to Rs 70,048 per kilogram.

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