Rupee declines 11 paise to 82.73 against US dollar in early trade
Admin
Dec 20, 2022 10:34
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The rupee weakened by 11 paise to 82.73 against the US dollar in early trade on Tuesday as a sell-off in domestic equities and rising crude prices in global markets weighed on the local unit.
However, a weak greenback against major rivals overseas supported the domestic currency and restricted the fall, forex traders said.
At the interbank foreign exchange, the local currency opened weak at 82.69 against the dollar, then lost ground further to 82.73, registering a decline of 11 paise over its previous close.
