Rupee Slumps 4 Paise to Close at 82.64 US Dollar

MUMBAI: The Indian Rupee on Monday stumbled 4 paise to close at 82.64 (provisional) against the US Dollar.

At the interbank foreign exchange market, the domestic currency opened strong at 82.57 against the US dollar. During intra-day, the Indian currency touched the peak of 82.51 and the lowest level of 82.67.

The local unit finally settled at 82.64 (provisional) against the US dollar, registering a fall of 4 paise over its previous close.

On Friday, the rupee closed at 82.60 against the US currency.

The dollar index, which gauges the greenback’s strength against a basket of six currencies, rose 0.02 per cent to 104.23. Global oil benchmark Brent crude futures declined 0.40 per cent to USD 76.64 per barrel.

Meanwhile, the Gold prices softened by Rs 110 to Rs 59,965 per 10 grams in the national capital. Silver, however, rose Rs 290 to Rs 73,040 per kg.

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