Dollar Vs Rupee Rate Today Rupee Improved By 8 Paise To Close At 81.22 Per Dollar Against The US Currency | NewsBust Dollar Vs Rupee Rate Today Rupee Improved By 8 Paise To Close At 81.22 Per Dollar Against The US Currency | NewsBust

India

Dollar Vs Rupee Rate Today Rupee Improved By 8 Paise To Close At 81.22 Per Dollar Against The US Currency

By Shivani Kapoor - December 1, 2022

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The weakening of the dollar at a broader level has strengthened the rupee.

New Delhi:

Dollar vs Rupee Rate Today: The rupee on Thursday closed at 81.22 (provisional) per dollar with an improvement of eight paise against the American currency in the interbank foreign exchange market. The rupee strengthened against a broad-based weakness in the dollar after US central bank Federal Reserve Chairman Jerome Powell hinted at slowing interest rate hikes. Market sources said the business sentiment of investors has strengthened amid increasing foreign capital inflow and the rise in the domestic equity market.

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The rupee opened at 81.08 at the Interbank Foreign Exchange market. It touched a high of 80.98 and a low of 81.32 during today’s trade. At the end of the day, the rupee closed at 81.22 per dollar, up by eight paise over its previous closing price. Rupee (Dollar vs. The previous closing price of Rupee) was 81.30 per dollar.

Meanwhile, the dollar index, which shows the weakness or strength of the dollar against six major currencies of the world, declined by 0.41 percent to 105.51. Global oil benchmark Brent crude futures declined 0.10 per cent to $86.88 per barrel. The 30-share BSE Sensex rose 184.54 points to close at 63,284.19.

According to stock market data, Foreign Institutional Investors (FIIs) remained net buyers in the capital market. He has bought shares worth Rs 9,010.41 crore on Wednesday.

(This news has not been edited by NewsBust team. It is published directly from syndicate feed.)

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