Rupee falls 5 paise to close at 83.92 against US dollar

Tue, 27 August 2024

20:41

The rupee depreciated by 5 paise to close at 83.92 (provisional) against the American currency on Tuesday, on overnight jump in crude oil prices and a surge in commodity prices.

However, positive domestic markets and a soft US dollar cushioned the downside, forex traders said.

At the interbank foreign exchange market, the local unit opened at 83.91 and touched an intra-day low of 83.95 against the US dollar.

The domestic currency finally settled at 83.92 (provisional), 5 paise lower from its previous close.

On Monday, the Indian rupee settled for the day 3 paise higher at 83.87 against the American currency. -- PTI

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