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Rupee raises 4 paise to 82.33 against US Dollar

Published on March 15, 2023

Current Context: There is positive result in the domestic equity market because the Indian rupee is raised by 4 paise to 82.33 against the US dollar. The rupee finally settled at Rs.82.37 against the US dollar.

Rupee raises 4 paise to 82.33 against US Dollar
  • The Indian rupee firstly opened as 82.32 against the US dollar and then it went down to 82.30. Later, as the final record, the rupee went on to 82.33 against greenback registering a rise of 4 paise.
  • Market strategist in Geojit Financial Services estimated that it will slip to 82 level.
  • The dollar index was lower at 0.01% with 103.49 against six currencies.
  • Global oil benchmark Brent crude rose to 78.39 dollars per barrel from 1.21%.
  • From the domestic services point of view, the inflation of wholesale prices reduced to 3.85% in January, with an ease in the manufacturing items prices and reduce in food prices.

Question:

Q.1 The rupee finally settled at how much US dollar?
a. 80.36
b. 82.37
c. 78.27
d. 72.80

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