Rupee ends at 16 paise higher at 82.58 against US dollar1 min read 26 May 2023, 09:12 AM IST
The US dollar index eased but remained on track for a third straight weekly gain. US President Joe Biden and top congressional Republican Kevin McCarthy are closing in on a deal, a US official told Reuters.
The Indian rupee ended 16 paise higher against US dollar on Friday amid strong gains in the domestic equity markets supported by foreign fund inflows. The local unit closed at 82.58 (provisional), up 14 paise as compared to the previous close of 82.74.
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