Mumbai: The Indian rupee settled higher against the US currency in the forex market. Indian rupee closed 52 paise higher at 81.24 per US dollar today.
At the interbank foreign exchange, the domestic currency opened weak at 81.80 against the US dollar. During trading, it then fell to 81.82, registering a decline of 13 paise over its last close. On Tuesday, the Indian rupee settled at 81.69 against the US dollar.
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Meanwhile, the dollar index, which measures the US dollar’s strength against a basket of 6 currencies, rose 0.49% to 102.88. Foreign Institutional Investors (FIIs) turned net buyers in the Indian capital markets as they purchased shares worth Rs 211.06 crore.
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