The Indian rupee closed flat against the U.S. dollar on Monday, amid weakness of the US dollar.
The local currency closed at Rs 82.25. It strengthened three paise to open at Rs 82.23.
The rupee closed at Rs 82.26 on Friday, according to Bloomberg data.
"Dollar/rupee is likely to face hurdle near Rs 82.40 and move back towards Rs 82.10. Only a move above 82.40 would open the doors for the next key resistance at Rs 82.60. On the downside a move below Rs 82.10 would weaken the currency to Rs 81.90," ICICI Direct Research said in a July 31 note.
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