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Rupee Rises 17 Paise Against US Dollar

Rupee Rises 17 Paise Against US Dollar

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The rupee appreciated by 17 paise to 82.68 against the US dollar on Wednesday, supported by foreign capital inflows, according to PTI.

A strong dollar against major rivals overseas and weak domestic equities weighed on the local unit and capped the appreciating bias, forex traders said.

At the interbank foreign exchange market, the local unit opened at 82.83 against the US dollar and settled at 82.68, higher by 17 paise over its previous close, stated the PTI report.

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