Rupee falls 4 paise to 83
时间:2024-06-26 12:30:55 阅读(143)
The rupee depreciated 4 paise to 83.32 against the US dollar in the morning session on Monday, tracking a negative trend in domestic equities. Persistent foreign fund outflows also weighed on the local unit, forex traders said. At the interbank foreign exchange, the rupee opened at 83.31 against the dollar. It touched a low of 83.32 in initial deals, registering a fall of 4 paise over its previous close.
On Friday, the rupee settled at 83.28 against the American currency. “We expect the RBI to intervene to bring it within the 83.20-83.30 range. We otherwise expect a range-bound session with volumes being low on account of the festive season,” India Forex And Asset Management Pvt Ltd (IFA Global) said in a research note.
Foreign institutional investors were net sellers in the capital market on Friday as they offloaded shares worth Rs 190.06 crore, according to exchange data. India’s forex reserves jumped by USD 4.672 billion to USD 590.783 for the week ended November 3, the Reserve Bank said on Friday. Foreign currency assets, a crucial part of the reserves, rose by USD 4.392 billion, as per the central bank.
猜你喜欢
- Adani Ent zooms 31% in 2 days, group adds Rs 74k cr to mcap
- ETO Motors’ OYE scheme onboard 150 drivers in Mumbai
- Adani Enterprises’ share price jumps 4% ahead of results today; first earnings report after Hindenburg bomb
- SEBI imposes penalty on CB Management Services for non-compliance
- 7 lessons to learn from this year’s investment mistakes
- Educational resilience for people with disabilities- Managing obstacles and exploring new opportunities
- 75% of NSE’s trading revenue now comes from options
- Emami plans buyback to boost shareholder value
- Ecosystem for social investing- Structure laid for listing social entities on SSEs