Dollar Vs Rupee: Fall of 4 paise on the last day of the week, Rupee weakened against the dollar
Dollar Vs Rupee Rate: On the last day of the trading week, the rupee closed with a fall of 4 paise against the dollar. On the other hand, there has been a softening in the prices of crude oil. Apart from this, the outflow of foreign investors has also affected the Indian currency. Today the stock market closed with gains.
There has been a softening of crude oil prices in the global market. At the same time, the outflow of foreign investors has also affected the Indian currency. Today the rupee closed with a fall of 4 paise against the dollar. Forex traders said investors are awaiting industrial production and inflation data on the domestic front amid positive cues from a weak US currency and equity markets overseas.
Today at the interbank forex, the rupee opened at 83.28 and fell to 83.49 against the greenback during intra-day. It eventually closed at its record low of 83.33. This registers a fall of 4 paise from the previous close. Earlier, on September 18 this year, it was recorded at 83.32 against the dollar.
On Thursday, the rupee closed at 83.29 against the American currency.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.02 percent lower at 105.89. Global oil benchmark Brent crude futures rose 0.81 percent to US$80.66 per barrel.
Today the Sensex closed at 64,904.68 points, up 72.48 points or 0.11 percent. The broader NSE Nifty rose 30.05 points, or 0.15 percent, to 19,425.35. According to exchange data, foreign institutional investors (FIIs) sold shares worth Rs 1,712.33 crore on Thursday.
