# Rupee settles 13 paise lower at 73.81 against US dollar

> The rupee closed 13 paise lower at 73.81 per dollar on December 2 as weak domestic stocks and RBI dollar purchases limited gains. The central bank bought dollars in both spot and futures markets during the session.

- Date: 2020-12-02 · published 2020-12-02T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/49933-rupee-settles-13-paise-lower-at-73-81-against-us-dollar
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Routine RBI dollar buying that caps rupee gains keeps USD/INR supported, a modest factor for Indian import costs.

## Read by commodity

- USDINR: bullish ▲

## Sources

- thehindu.com: https://www.thehindu.com/business/markets/rupee-settles-13-paise-lower-at-7381-against-us-dollar/article33230196.ece

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.