Rupee trades 6 paise lower at 82.62 against US dollar

Rupee Vs Dollar: At the interbank foreign exchange, the domestic unit opened stronger at 82.54 against the dollar. It traded between 82.53 and 82.62, down 6 paise against its previous close.

Rupee Vs Dollar: On Monday, the rupee closed at 82.56 against the US dollar, Pic- Reuters

Rupee Vs Dollar: Indian rupee declined 6 paise to 82.62 against the US dollar on Tuesday amid stronger dollar and mixed global cues.

At the interbank foreign exchange, the domestic unit opened stronger at 82.54 against the dollar. It traded between 82.53 and 82.62, down 6 paise against its previous close.

On Monday, the rupee closed at 82.56 against the US dollar.

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Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was 0.07 per cent higher at 103.36.

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Global oil benchmark Brent crude futures fell 1.08 per cent to USD 72.99 per barrel.

The 30-share BSE Sensex was trading 199.45 points or 0.35 per cent higher at 57,828.40 points while the broader NSE Nifty was up 51.05 points or 0.30 per cent at 17,039.85 points.

Investors were trading cautiously awaiting the interest rate decision by the US Federal Reserve on Wednesday even as they were concerned over the health of the global banking system.

Foreign Institutional Investors (FIIs) were net sellers in the domestic capital market on Monday as they offloaded shares worth Rs 2,545.87 crore, according to exchange data.

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(With PTI inputs)

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