The Indian rupee depreciates against the U.S. dollar on Thursday.
The local currency closed at 82.18, depreciating 0.3% or 24 paise, according to Bloomberg data. The currency closed at the 82-mark for the first time since Jan. 9, on Thursday.
It had closed at 81.94 on Wednesday, after the Union Budget presentation.
"The U.S. dollar index extended losses on Wednesday and fell to a nine-month low after Federal Reserve raised interest rate by 25 bps in line with market expectations," ICICI Direct said in a currency note.
"The Fed chairman Jerome Powell also spoke of making progress in bringing down inflation pressures. Further, the dollar was pressurised by a sharp drop in U.S. 10-year's treasury yields."
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