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At the interbank foreign exchange market, the domestic currency opened at 85.59 per dollar and moved between an intraday high of 85.58 and a low of 85.67.&nbsp;

Currency Market News: Rupee trades flat as crude prices, dollar demand offset weak greenback

Forex traders said the dollar index was quoted at 108 gained after President Donald Trump said he was said to impose new 25 per cent tariffs on all steel and aluminium imports.

Rupee plunges 45 paise to hit record low of 87.95 against US dollar in early trade

The rupee witnessed range-bound trade and depreciated 3 paise to 84.07 against the US dollar in initial deals on Wednesday, weighed down by significant foreign fund outflows and the strength of the American currency in the overseas market.

Currency Market News: Rupee trades in narrow range against dollar

At the interbank foreign exchange market, the rupee started slightly up at 83.49 and hit an intra-day high of 83.47 and a low of 83.51 against the American currency during the session.

Currency update: Rupee gains 1 paisa to 83.49 against US dollar 

Forex traders said the strength of the American currency in the overseas market and US dollar demand from oil marketing companies capped sharp gains for the local unit.

Currency Market Update: Rupee rises  by 13 paise to close at 83.44 vs dollar

Rupee on Oct 7 fell 15 paise to close at an all-time low of 82.32 (provisional) against US dollar as a firm American currency and risk-averse sentiment among investors weighed on the local unit.

Rupee vs Dollar: INR settles above 82-mark for the first time ever

The dollar index, which measures the greenback's strength against a basket of six currencies, is currently at 20-year high.

Rupee vs Dollar: Indian currency falls to all-time low, inches closer to 82

The dollar traded near a one-week high versus a basket of major rivals on Tuesday, supported by expectations of a hawkish Federal Reserve meeting this week and haven demand amid continued uncertainty about the Omicron coronavirus variant.

Dollar near one-week high amid hawkish Fed hopes, Omicron fears

Key indices Sensex and Nifty started the day on a strong footing after the exit polls predicted a clear win for the BJP in these two states, which lifted investor spirits.

Sensex jumps 216 points after exit polls give BJP an edge

A firm dollar, dealers said, against global currencies overseas and domestic equities hitting a soft patch in early trade weighed.

Rupee losses against dollar swell, down 18 paise at 65.28

Forex dealers said fresh demand for the US unit and its gains against the euro and other currencies overseas ahead of a closely-watched European Central Bank meeting pulled the rupee down, but a relatively strong opening of the domestic equity market minimised the loss.

Rupee makes a weak start, slips 3 paise against dollar