ADVERTISEMENT
ADVERTISEMENT
Indian Rupee Weakens Against The U.S. Dollar
The local currency weakened by 14 paise to close at 82.74 against the greenback on Thursday.

Indian rupee notes and coins. (Photo: Vijay Sartape/BQ Prime)
ADVERTISEMENT
The Indian rupee weakened against the U.S. dollar by end of trade on Thursday. The local currency weakened by 14 paise to close at 82.74 against the greenback. It closed at 82.60 on Wednesday. The Indian currency has been closing weaker against the U.S. dollar since March 10. "Supports for the U.S. dollar-Indian rupee spot pair are at 82.2500 and 82.4000, and resistances are at 82.8000 and 83.000," Reliance Securities said in its pre...
The Indian rupee weakened against the U.S. dollar by end of trade on Thursday.
The local currency weakened by 14 paise to close at 82.74 against the greenback. It closed at 82.60 on Wednesday.
The Indian currency has been closing weaker against the U.S. dollar since March 10.
"Supports for the U.S. dollar-Indian rupee spot pair are at 82.2500 and 82.4000, and resistances are at 82.8000 and 83.000," Reliance Securities said in its pre-market note.
In the overseas markets, the U.S. dollar started flat to marginally weaker this Thursday morning in Asian trade and further trend could depend on data, including the U.S. housing and jobless claims data, it said.
WRITTEN BY
ADVERTISEMENT