New Delhi. The value of the Indian currency, the rupee, continues to depreciate against the dollar. The rupee fell 15 paise to close at a record low of 82.32 (provisional) against the dollar on Friday amid rising crude oil prices and a sustained rise in US bond yields.

According to traders, the decline in domestic stock markets and jump in crude oil prices affected investor sentiment. In the interbank foreign exchange market, it opened at Rs 82.19 and touched a low of Rs 82.43 during the trading session. Finally, the rupee closed at 82.32 per dollar, down 15 paise from its previous close.

It had closed at a record low of Rs 82.17 in the previous trading session.
Earlier, the rupee on Thursday fell by 55 paise to close at an all-time low of 82.17 per dollar against the US currency.

Dollar index down 0.19%
Meanwhile, the dollar index, which measures the greenback’s strength against six major world currencies, fell 0.19 percent to 112.04. International oil benchmark Brent crude futures rose 0.82 percent to $95.19 a barrel after OPEC countries announced a cut in oil production.

Downward trend in stock markets at the country level
Also, BSE’s Sensex fell 30.81 points, or 0.05 percent, to 58,191.29, while the Nifty fell 17.15 points to 17,314.65.

Foreign investors bought shares worth Rs 279 crore on Thursday.
Foreign institutional investors made a net purchase in the capital market. According to available data, foreign investors bought shares worth Rs 279 crore on Thursday.

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Tags: Dollar, Weakness of Rs.