The rupee depreciated by 22 paise to close at 82.47 (provisional) against the US dollar on Thursday, weighed down by a stronger American currency in the overseas market and elevated crude oil prices. At the interbank foreign exchange, the domestic unit opened at 82.36 against the dollar and settled at 82.47 (provisional), down 22 paise from its previous close.
During the day, the rupee touched a high of 82.36 and a low of 82.55 against the greenback. On Wednesday, the rupee had settled at 82.25 against the dollar.
Forex traders said the US dollar gained on safe-haven demand amid risk aversion and rising expectations of a hawkish US Federal Reserve monetary policy in July.