Dollar vs Rupee: Rupee closed flat against dollar, declined by 3 paise
Indian Rupee vs Dollar: Along with the softening in the market, today the rupee also remained flat against the dollar. Today the rupee closed down 3 paise against the dollar. Apart from this, the 6-currency dollar index climbed 0.29 percent to close at 102.54 today.
On Monday, June 19, the Indian currency 'Rupee' remained soft against the US dollar. The Indian stock market has also seen a decline today. Today, the rupee closed down by 3 paise against the dollar.
According to experts, the fall in the rupee is due to the inflow of foreign funds into local equities and the fall in crude oil prices. Currently, the value of 1 dollar is 81.94 rupees.
At the Interbank Foreign Exchange, the rupee opened at 81.93 and traded in the range of 82.01 to 81.90 during the day. The rupee closed at 81.93 against the US dollar. The previous close saw a gain of 3 paise against the rupee. The 6-currency dollar index closed at 102.54, up 0.29 percent today. On Friday, the rupee had closed at 81.90 against the dollar.
Crude oil prices on Friday slipped 0.16 percent to USD 76.49 per barrel, the benchmark Brent crude. Foreign institutional investors (FIIs) were buyers in the capital market on Friday, with FIIs buying shares worth Rs 794.78 crore, according to the data.
The stock market saw a decline on the first day of the trading week. The 30-share BSE Sensex closed 216.28 points, or 0.34 percent, down at 63,168.30. While the NSE Nifty closed 70.55 points or 0.37 percent lower at 18,755.45.
