In the previous session on Friday, the rupee had lost 9 paise to close at 82.88 against the dollar.
In the previous session on Friday, the rupee had lost 9 paise to close at 82.88 against the dollar.
The rupee appreciated by 26 paise to 82.62 against the US dollar in early trade on October 25, 2022, tracking a positive trend in domestic equities.
At the interbank forex, the domestic unit opened at 82.71 against the dollar, then gained some ground to bid at 82.62, a gain of 26 paise over the previous close.
In the previous session on Friday, the rupee had lost 9 paise to close at 82.88 against the dollar.
The forex market remained closed on Monday on account of Diwali.
The dollar index, which gauges the greenback’s strength against a basket of six currencies, slipped 0.12 per cent to 111.85.
Global oil benchmark Brent crude futures rose 0.28% to $93.52 a barrel.
In the domestic equity market, the 30-share BSE Sensex was trading 51.96 points or 0.09% higher at 59,883.62. Similarly, the broader NSE Nifty rose 23.80 points or 0.13% to 17,754.55.
Foreign institutional investors (FIIs) were net sellers in the capital market as they sold shares worth ₹153.89 crore on Monday, according to exchange data.