The Indian rupee rose by 15 paise to settle at 82.10 against the US dollar on Wednesday, due to strong macroeconomic fundamentals, FII inflows, and a weak greenback against major rivals worldwide. The local unit opened at 82.28 against the US currency and witnessed an intra-day high of 82.08 and a low of 82.32. A weak US dollar and increasing expectations of a pause in rate hikes by the US Federal Reserve, along with positive domestic equities, supported the rupee. However, a positive tone in crude oil prices could cap a sharp upside.
