Rupee Rises 9 Paise to 83.06 Against US Dollar in Early Trade

January 8, 2024 | Author: News Desk

The rupee appreciated 9 paise to 83.06 against the US dollar in early trade on Monday on the back of positive domestic equity markets and inflow of foreign fund.

However, forex traders said a strong American currency and volatile crude oil prices weighed on the domestic currency.

At the interbank foreign exchange, the domestic currency opened at 83.09, touched the level of 83.04 before trading at 83.06 against the greenback in initial deals, registering a rise of 9 paise from its previous close.