MUMBAI: Rupee surges by 8 paise to close at 82.09 against US Dollar provisionally on Friday amidst a tepid risk appetite.
At the interbank foreign exchange market, the local unit opened strong at 82.11 against the US currency. The rupee touched an intra-day high of 82.07 and a low of 82.19. It finally ended the session at 82.09 (provisional) against the greenback, registering a gain of 8 paise over its previous close.
Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, rose 0.05 per cent to 101.89.
Global oil benchmark Brent crude futures declined 0.15 per cent to USD 80.98 per barrel.
The dollar index is set for its biggest weekly gain since February on expectations the Fed would hike rates by 25 basis points next month, following mixed inflation and sales retail data.
Ahead of Akshaya Tritiya, Gold prices plunged by Rs 430 to Rs 60,550 per 10 grams. Silver also tumbled Rs 670 to Rs 75,080 per kg.