Rupee rises 8 paise to close at 82.09 against US dollar

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Key Points

Rising for the second straight session, the rupee appreciated 8 paise to close at 82.09 (provisional) against the US dollar on Friday, supported by softening crude oil prices in the international markets...

However, a muted trend in domestic equities and foreign fund outflows capped the gains in the rupee, traders said...

The Indian currency has gained 15 paise in the past two trading sessions, even though the participants traded cautiously due to expectations of further interest rate hikes by the US Federal Reserve and other central banks...

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