Mumbai: The rupee gained 7 paise to close at 82.02 (provisional). U.S. Dollar On Wednesday, a positive trend in the domestic equity market and easing crude oil prices supported investor sentiment.
However, a stronger dollar against major rivals overseas and foreign fund flow rein on the rise of the rupee forex traders Said.
At the interbank foreign exchange, the domestic unit opened weak at 82.13 and touched an intra-day peak of 81.99.
The domestic unit finally settled at 82.02 (provisional) against the US dollar, registering a gain of 7 paise over its previous close.
On Tuesday, the rupee had closed at 82.09 against the dollar.
Meanwhile, the dollar indexThe greenback, which gauges the strength of the greenback against a basket of six currencies, was up 0.10 per cent at 102.64.
Crude oil price benchmark Brent crude was down 0.09 per cent at $75.83 per barrel.
In the domestic equity market, the 30-share BSE Sensex climbed 195.45 points or 0.31 per cent to hit a fresh peak of 63,523.15 and the Nifty gained 40.15 points or 0.21 per cent to close at a record 18,856.85.
Foreign institutional investors (FIIs) were net sellers in the capital market on Tuesday, selling shares worth Rs 1,942.62 crore, according to exchange data.
However, a stronger dollar against major rivals overseas and foreign fund flow rein on the rise of the rupee forex traders Said.
At the interbank foreign exchange, the domestic unit opened weak at 82.13 and touched an intra-day peak of 81.99.
The domestic unit finally settled at 82.02 (provisional) against the US dollar, registering a gain of 7 paise over its previous close.
On Tuesday, the rupee had closed at 82.09 against the dollar.
Meanwhile, the dollar indexThe greenback, which gauges the strength of the greenback against a basket of six currencies, was up 0.10 per cent at 102.64.
Crude oil price benchmark Brent crude was down 0.09 per cent at $75.83 per barrel.
In the domestic equity market, the 30-share BSE Sensex climbed 195.45 points or 0.31 per cent to hit a fresh peak of 63,523.15 and the Nifty gained 40.15 points or 0.21 per cent to close at a record 18,856.85.
Foreign institutional investors (FIIs) were net sellers in the capital market on Tuesday, selling shares worth Rs 1,942.62 crore, according to exchange data.