Rupee rises 7 paise to close at 83.37 against USD
MUMBAI [Maha Media]: The rupee rises by 7 paise to close at 83.37 (provisional) against the US dollar on Monday on positive domestic markets and a soft American currency.
Forex traders said a decline in crude oil prices also supported the local unit.
At the interbank foreign exchange market, the local unit opened at 83.40 against the greenback. The unit hit an intra-day high of 83.32 and a low of 83.45 against the greenback.