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This Article is From May 12, 2023

Rupee Ends Weak Against The U.S. Dollar

Rupee Ends Weak Against The U.S. Dollar
Indian rupee notes. (Photo: Vijay Sartape/BQ Prime)

The rupee ended weak against the U.S. dollar tracking losses in other Asian currencies amid tepid risk appetite.

The local currency depreciated 8 paise to close at 82.17 against the greenback on Friday. It had opened at 82.13.

Rupee closed at 82.09 on Thursday.

"Supports for the USD-INR spot pair are at 81.9700 and 81.8500, resistances are at 82.2400 and 82.3800," Reliance Securities said in a pre-market note.

Asian currencies were weak weighed by the dollar recovery against major peers, the brokerage said.

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