On Wednesday, the rupee gained 42 paise to settle at 81.90 against the US dollar as robust domestic share purchasing increased investor confidence. Forex dealers also pointed out that a rise in risk appetite and international capital inflows strengthened the native currency. At the interbank foreign exchange market, the local currency had a good day’s start at 82.08 against the dollar and went on to achieve an intraday high of 81.90 and a low of 82.20.
The rupee rises 42 paise against the dollar
