MUMBAI: The Indian rupee closed at a more-than-two-week low against the Dollar on Wednesday as the greenback staged a recovery on firmer U.S. Treasury yields. The domestic currency depreciated 18 paise to close at 82.22 (provisional) against the US currency.
At the interbank foreign exchange, the domestic unit opened at 82.10 against the dollar and finally ended the session at 82.22 (provisional), down 18 paise from its previous close.
Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, rose 0.33 per cent to 102.08.
Brent crude futures, the global oil benchmark, declined 1.69 per cent to USD 83.34 per barrel.
Gold prices declined Rs 510 to Rs 59,940 per 10 grams. Silver also plummeted Rs 920 to Rs 74,680 per kg.