Rupee Settles Flat at 82.54 Against Dollar

MUMBAI: The Indian Rupee on Thursday pared initial losses and settled on a flat note at 82.54 (provisional) against the US dollar on Thursday, supported by a rebound in domestic equities.

At the interbank foreign exchange market, the local unit opened at 82.59 against the American currency and touched a low of 82.66 and a high of 82.48 intra-day. It finally settled at 82.54 against the greenback, unchanged from its previous close.

The dollar index, which gauges the greenback’s strength against a basket of six currencies, declined 0.36 per cent to 103.03. Global oil benchmark Brent crude futures advanced 0.19 per cent to USD 85.25 per barrel.

Gold price rose Rs 35 to Rs 57,410 per 10 grams. Silver, however, fell Rs 5 to Rs 67,941 per kilogram.

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