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( 23 May 2022)
Rupee recovers from record lows to end 15 paise higher at 77.55/USD

Rupee recovered from record lows and settled 15 paise higher at 77.55 (provisional) against the US dollar on Monday, supported by a weak greenback overseas.

At the interbank forex market, the domestic unit opened at 77.69 against the US dollar.

It moved in a range of 77.51 to 77.69 during the session.

The rupee finally snapped its three-session losing streak and closed at 77.55, registering a rise of 15 paise over its previous close.

On Friday, the rupee had settled at a record low of 77.70 against the American currency.