Rupee climbs 30 paise to 82.02 against US dollar

<ul><li>At the interbank foreign exchange market, the local unit opened strong at 82.08 and touched an intra-day high of 81.92 and a low of 82.20 against the greenback.</li></ul>

US dollar hits 3-month high on Federal Reserve's hawkish outlook: Report

The U.S. dollar index, which measures the dollar against a basket of six major currencies, jumped 1.3% on Tuesday to a three-month peak of 105.65. 

Rupee falls 10% against dollar in last one year

The Indian currency is nearly 10 percent down against the US dollar in the last one year. From 75 per dollar on February 25, 2022, the rupee has fallen to 82.64 per dollar on February 28, 2023.

Dollar in doldrums as euro near 9-month peak, yen bounces

The U.S. dollar index - which measures the greenback against a basket of six peers, including the euro and yen - slipped 0.09% to 101.92, heading back towards the 7-1/2-month low of 101.51 reached on Wednesday.

US dollar sees one of the largest single-day drop in 2022

In October, the dollar index lost nearly 0.51% of its value; so far in November, it has lost nearly 3.47%. At its current price of 107.73, it was trading down almost 6.13% from its 2022 peak of over 114.77. However, the dollar index is still up by 11.60% in this current year.

Stock Market at Close: Rupee falls 2 paise to close at 79.80 against US dollar

Along with the weak regional currencies, the rupee depreciated against the US dollar for the fourth day in a row. However, the momentum remained lacklustre in the rupee as the economy is better placed among Asian countries.

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The dollar index rose 0.121% to 107.620, after earlier touching 107.68, its highest since July 18. The gauge is on track for a 1.89% rally this week, which would be its best weekly performance since June 12.

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Rupee rises 12 paise to 77.93 against US dollar in early trade

At the interbank foreign exchange, the rupee opened strong at 77.98 against the US dollar, then inched higher to quote 77.93, registering a rise of 12 paise over the last close.

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Since the beginning of the year, the US Dollar Index has risen by 8%; in the last 12 months, it has risen by 14%. This year alone, the dollar has gained more than 13% against the Japanese yen.

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Rupee climbs 30 paise to 82.02 against US dollar

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