Rupee rose about 16 paise to close at 82.93 against the US dollar
The US dollar index reached 105.74 on Thursday, the highest in over six months, while the US 10-year Treasury yield climbed to 4.50%, the highest since 2007, on expectations that the US Federal Reserve will hold rates higher for longer.
The Indian rupee appreciated to end 16 paise higher against the US dollar on Friday. The local currency ended at 82.93 as compared to previous close of 83.09.
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