Rupee declines 5 paise to 83.33 against US dollar

New Delhi, April 26, 2024.

The rupee depreciated 5 paise to 83.33 against the US dollar in early trade on Friday, tracking a strong greenback overseas and a positive trend in domestic equities.

However, elevated crude prices in international markets and unabated foreign capital outflows capped the gains in domestic unit, forex traders said.

At the interbank foreign exchange, the domestic unit opened weak at 83.30 against the dollar and then further slipped to 83.33, registering a fall of 5 paise over its previous close.