newspot24
DigiSpot24 | Best Digital Marketing Agency in Delhi

Rupee rises 18 paise to 82.17 per US dollar as crude oil prices fall.

Forex dealers warned that continued foreign capital outflows and a negative trend in local stocks impacted on investor mood and limited the appreciating bias.
Rupee rise

The rupee gained 18 paise versus the US dollar in early trade on Tuesday, as crude oil prices fell. Foreign money withdrawals and a negative trend in local stocks, according to forex dealers, impacted on investor confidence and limited the appreciating bias.
The local unit began at 82.20 versus the dollar on the interbank foreign exchange, then rose to 82.17, an increase of 18 paise from its previous finish.

The rupee closed at 82.35 versus the US dollar on Monday.

Meanwhile, the dollar index, which measures the strength of the US currency against a basket of six currencies, increased 0.21 percent to 103.21.

Brent crude futures lost 0.49 percent to $79.26 a barrel, the global oil benchmark.

The 30-share BSE Sensex was trading 353.74 points, or 0.58 percent, down at 60,393.57 points in the domestic equities market. The NSE Nifty dropped 82.55 points, or 0.46 percent, to 18,018.65 points.

According to exchange statistics, foreign institutional investors (FIIs) were net sellers in the capital market on Monday, offloading shares worth 203.13 crore.

Share:

Facebook
Twitter
WhatsApp

Leave a Comment

Your email address will not be published. Required fields are marked *

DigiSpot24 | Best Digital Marketing Agency in Delhi

Social Media

Most Popular

Get The Latest Updates
Subscribe To Our Weekly Newsletter

To get updates with latest news

Categories

Related Posts

Google

Google Will Cooperate With Antitrust Authorities

In October, the Competition Commission of India (CCI) concluded that Google was abusing its dominant position in Android and ordered it to lift limitations on device makers. Google lost its Supreme Court petition to prevent the directions on Thursday, and now has seven days to comply.

DigiSpot24 | Best Digital Marketing Agency in Delhi