Indian Rupee closed 3 paise higher at 83.67 vs USD due to falling crude oil prices and subdued US dollar.

The Indian Rupee closed 3 paise higher at 83.67 against the American dollar on Monday due to a fall in crude oil prices and a subdued US dollar. The local currency opened at 83.66 in the interbank forex market, reaching an intraday high of 83.65 and a low of 83.68 during the trading session. Forex reserves jumped to an all-time high of USD 666.854 billion for the week ended July 12.