Rupee gains 4 paise to close at 82.02 against US dollar

Rupee gains 4 paise to close at 82.02 against US dollar At the interbank foreign exchange market, the local unit opened at 82.12 against the American currency and finally closed at 82.02 (provisional) against the greenback, registering a gain of 4 paise over its previous close of 82.06.During the session, the rupee touched a high of 81.99 and a low of 82.14 against the dollar.

Buy USDINR; target of : 82.25 : ICICI Direct

Buy USDINR; target of : 82.25 : ICICI Direct ICICI Direct, The US dollar index rallied more than 1.25% on Tuesday. The hawkish comments from Fed chair Jerome Powell sent the dollar to its eight week high as he said the ultimate level of interest rate is likely to be higher than anticipated earlier.