Rupee Falls 8 Paise Against US Dollar to Close at 82.32

The local currency opened at 82.26 to finally settle at 82.32

Rupee witnessed a high of 82.12 & low of 82.43 during the day

Rupee had closed at 82.24 against US dollar on 13.10.22

The weakening of Rupee was due to release of high Inflation number

US CPI was 8.2% as against expectations of 8.3%

The Dollar Index advanced 0.56% to 112.99

FII's were the net sellers in the capital market as they sold shares worth Rs 1636 Cr

The Brent Crude Futures fell 0.75% to $93.86 per barrell

ECB officials said that they see the need for fewer rate hikes than expected