ADVERTISEMENT

Indian Rupee Appreciates Against The U.S. Dollar

Track the latest rupee updates here.

<div class="paragraphs"><p>A man holding Indian rupee banknotes. (Photo: Usha Kunji/BQ Prime)</p></div>
A man holding Indian rupee banknotes. (Photo: Usha Kunji/BQ Prime)

The Indian rupee appreciated against the U.S. dollar after a day's blip.

The domestic currency opened at 79.57 against the greenback on Wednesday against its previous close of 79.65. It then strengthened by 23 paise to 79.41. As of 12:15 p.m., the currency was trading at 79.47.

The rupee had weakened to a record low beyond 80 twice last month.