MUMBAI: The domestic currency on Monday reversed the losses that occurred over the Christmas weekend.
At the interbank forex exchange, the domestic currency rose 16 paise to close provisionally at 82.66 against the US dollar.
At the market opening today, the it fell on a flat note against the US dollar and the UAE dirham amid rising crude oil prices and persistent foreign capital outflows.
The dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading 0.11 per cent lower at 104.31.
In the previous session on Friday, the rupee dipped three paise to close at 82.82 against the dollar.