Rupee jumps 32 paise to close at 82.50 Vs USD
Rupee jumps 32 paise to close at 82.50 Vs USD
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The Indian rupee gained 32 paise to provisionally close at 82.50 against the US dollar on Thursday, January, aided by a weaker greenback overseas.
"Strong Asian peers and crude oil prices trading below USD 80 per barrel that helped the currency, however, sustained foreign fund outflows and a weak trend in domestic equities dented investor sentiments, Forex traders said.

At the interbank foreign exchange market, the rupee opened at 82.75 and floated between an intra-day high of 82.50 and a low of 82.80 against the dollar, and It finally ended at 82.50, registering a rise of 32 paise over its previous close.
On January 4, the rupee recovered from its all-time low level and settled at 82.82 against the dollar. At the same time,The dollar index, which gauges the greenback's strength against a basket of six currencies, declined 0.06%  104.18.

At the Indian stock market front, the BSE Sensex declined 304.18 points or 0.50% to end at 60,353.27, while the broader NSE Nifty declined 50.80 points or 0.28% to 17,992.15.

International Markets: Global oil benchmark Brent crude futures rose 2.62% to USD 79.88 per barrel.

Foreign Institutional Investors were net sellers in the capital markets yesterday as they offloaded shares worth Rs 2,620.89 crore, as per Stock exchange data.

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