Rupee rises 2 paise to close at 83.01 against US dollar

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Key Points

Mumbai, Jan 11 (PTI) The rupee appreciated 2 paise to close at 83.01 against the US dollar on Thursday, tracking its Asian peers and positive domestic equities...

This is the seventh straight session of rise for the local unit, during which it has added 31 paise, since the level of 83.32 versus dollar recorded on January 2...

At the interbank foreign exchange market, the local unit opened at 83.05 and traded between the peak of 82.93 and the lowest level of 83.08 against the greenback during the intra-day deals...

Despite the range-bound movements, the rupee has shown some strength at the beginning of 2024, aided by positive participation in the capital markets and RBI interventions maintaining support around 83.30-83.40, said Jateen Trivedi, VP Research Analyst, LKP Securities...

Investors are awaiting US inflation data to be released later in the day for further cues, forex analysts said, adding that traders will also closely monitor the domestic inflation numbers to be released on Friday...

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