ICICI Direct, Rupee ended at record closing on Friday tracking weakness in other Asian currencies.

The rupee ended at 83.3675 against the US dollar, lower by 0.03% compared with its close at 83.3425 in the previous session.

ICICI Direct, Pound erased all its gains and ended with a loss of 0.50% amid rebound in the dollar.

At the interbank foreign exchange, the rupee opened at 83.25 and finally settled at 83.29 against the greenback, registering a gain of 1 paisa from its previous close.

ICICI Direct, The Euro recovered from early losses on Wednesday after the hawkish comments from the ECB members.

India’s economy is expected to expand 6.3% this fiscal year, the fastest-growing major economy in the world. But the rupee is not reflecting that optimism, having hit a record low of 83.29/$ earlier this month.

At the interbank foreign exchange, the rupee opened at 83.25 and traded in a narrow range before settling at 83.26 (provisional) against the greenback, 2 paise lower from its Thursday closing level.

Non-deliverable forwards indicate rupee will open at around 83.25 to the U.S. dollar, just short of its record low of 83.29, and nearly unchanged from the previous session.

ICICI Direct, Euro slipped yesterday amid strong dollar and risk aversion in the global markets.

ICICI Direct, Rupee depreciated marginally yesterday amid strong dollar and elevated crude oil prices.