Rupee falls 12 paise to 82.91 against US dollar

Mumbai, October 21

The rupee depreciated 12 paise to 82.91 against the US dollar in morning trade on Friday tracking a firm American currency in the overseas market.

At the interbank foreign exchange, the domestic unit opened at 82.89 against the dollar, then lost further ground to 82.91, registering a loss of 12 paise over its previous close.

The local unit also touched 82.75 against the American currency in initial deals.

On Thursday, the rupee rebounded from its lifetime low to close 21 paise higher at 82.79 against the US dollar.

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