.jpeg)
Rupee opens flat against dollar on second day of business week, gains of 2 paise
Dollar vs Rupee Price Today: On the second day of the business week, the rupee opened flat against the dollar. The rupee had closed flat on the previous day as well. Today, a gain of 2 paise has been registered in the rupee. Today Rupee is trading at 82.61. In Monday's session, the rupee had closed up by 1 paise against the American currency.
With the weakening of the US dollar and the rise in the stock market, the rupee opened flat today. The rupee gained 2 paise to open at 82.61 against the dollar. Global crude oil prices have supported the rupee.
Forex traders say foreign fund outflows capped the rise in the rupee.
The domestic unit i.e. rupee opened at 82.58 on the interbank foreign exchange, then touched a low of 82.62. It subsequently traded at 82.61 against the greenback (dollar), showing a gain of 2 paise over its previous close. Let us tell you that on Monday, the rupee increased by 1 paise to close at 82.63 against the US dollar.
Forex analyst said the Indian currency was trading in a narrow range as market participants await US jobs data to be released on Friday. Besides, a close watch on the Chinese currency's reaction to the country's slowing factory output and other macroeconomic indicators weighed on the rupee.
