₹3050.15 crore on May 30, while domestic institutional investors provided support as they bought equities worth ₹3,432.92 crore on the same day.The rupee recovered 11 paise to settle at 83.29 against the US dollar on Thursday on softening American currency and crude oil prices in the overseas market. Foreign fund outflows, sharp losses in domestic equities and increased month-end dollar demand from oil marketing companies weighed on the Indian currency.
At the interbank foreign exchange market, the local unit opened lower at 83.42 against the last close of 83.40. The currency oscillated between an intra-day high of 83.26 and a low of 83.44 during the day.
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