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Indian Rupee Appreciates Against The U.S. Dollar

At close, the rupee traded 0.19% higher at 82.27.

<div class="paragraphs"><p>Various denominations of Indian rupee arranged for photograph. (Source: Vijay Sartape/BQ Prime)&nbsp;</p></div>
Various denominations of Indian rupee arranged for photograph. (Source: Vijay Sartape/BQ Prime) 

The Indian rupee appreciated for the third day in a row against the U.S. dollar on Friday.

The local currency gained 11 paise to open at 82.31. Thereafter, it gained 0.42%, reaching 82.09 during intraday.

At close, the rupee traded 0.19% higher at 82.27.

The rupee hit a record low of 83.29 on Oct. 20.