Rupee Declines by 26 Paise; Closes at 82.49
MUMBAI: The Indian rupee declined by 26 paise to 82.49 (provisional) against the US dollar on Tuesday amid stronger dollar registering the drop for the second day consecutively.
At the interbank foreign exchange, the domestic unit opened lower at 82.27 against the dollar and traded between the range of 82.24 and 82.50 during intra-day. It finally settled at 82.49 (provisional) against the American currency.
The rupee ended down 0.44% at 82.49 per dollar, marking its biggest percentage drop since Feb. 6.
Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies rose 0.26 per cent to 103.86. Global oil benchmark Brent crude futures fell 2.30 per cent to USD 78.91 per barrel.
Gold prices climbed Rs 480 to Rs 57,380 per 10 grams. Silver also zoomed Rs 2,150 to Rs 66,900 per kg.