It posted a daily high of 76.56 and a low of 76.96.
It posted a daily high of 76.56 and a low of 76.96.
The rupee fell 57 paise on Friday to close at 76.92 (prelim) against the US dollar, weighed down by a strong US currency overseas and firm crude oil prices.
In the interbank FX market, the rupee opened lower at 76.61 against the greenback and eventually settled at 76.92 for the day, down 57 paise from its previous close.
During the trading session, the rupee posted a daily high of 76.56 and a low of 76.96.
On Thursday the rupee had closed at 76.35.
The Dollar Index, which measures the dollar’s strength against a basket of six currencies, traded 0.30% lower to 103.44.
Global oil benchmark Brent crude futures were up 2.31% to $113.46 a barrel.
The 30-stock BSE Sensex closed 866.65 points, or 1.56%, lower at 54,835.58, while the broader NSE Nifty fell 271.40 points, or 1.63%, to 16,411.25.
“The rupee had a muggy period today, falling about a percentage point on risk-off sentiment and a rise in crude oil prices,” said Dilip Parmar, research analyst at HDFC Securities.
The dollar index hit a two-decade high of 104.06 and headed for a sixth straight weekly decline as market participants pricing in restrictive federal reserves stalled equities and rushed towards US Treasuries, Parmar added.
Foreign institutional investors were net sellers in the capital market on Thursday, selling ₹2,074.74 crore of shares, according to stock market data.
