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This Article is From Aug 04, 2022

Indian Rupee Ends Off Day's Low At 79.47 Against The U.S. Dollar

Indian Rupee Ends Off Day's Low At 79.47 Against The U.S. Dollar
Close view of Indian 500 rupee banknote. (Photo: Usha Kunji/BQ Prime)

The Indian rupee ended off day's low after depreciating to 79.82 against the U.S. dollar.

The currency opened 0.07% lower than its previous close at 79.22 against the greenback. Thereafter, it weakened as much as 0.84% to 79.82, before ending at 79.47 at the end of trade.

On Wednesday, the rupee had snapped its four-day winning streak.

The domestic currency had weakened to a record low beyond 80 twice last month.

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