The Indian rupee on Thursday slipped 12 paise to close at 75.03 against the US dollar, weighed by uncertainties over the Omicron variant of the coronavirus. At the interbank foreign exchange market, the local currency opened at 75.06 and witnessed an intra-day high of 74.90 and a low of 75.07 against the US dollar. The local unit finally settled at 75.03, down 12 paise over its previous close of 74.91. Meanwhile, the dollar traded largely unchanged Thursday, with the safe haven Japanese yen more in demand as worries over the omicron Covid variant mounted, weighing on the South African rand and the Australian dollar. The Dollar Index, which tracks the greenback against a basket of six other currencies, was at 95.86.

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