Rupee falls 4 paise to 83
时间:2024-06-26 20:14:52 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.
上一篇:Your Money- Rate cuts coming, but how soon-
下一篇:Will Nifty hit the 21000 milestone- 8 things to know before the share market opens
猜你喜欢
- Will Nifty touch fresh record high- Five things to watch out for before share market opening bell
- Will Nifty stay rangebound around 19800- See GIFT Nifty, FII data, F&O ban, crude, more before market opens
- ZED scheme- Financial support extended to MSMEs crosses Rs 100 crore
- Major Infrastructural Overhaul! Rs 1,49,758 crore allocated for upgradation of 321 National Highways connecting religious sites
- Market HIGHLIGHTS- Sensex ends in red, Nifty at 15780 on monthly F&O expiry day; HDFC, Bajaj Finance drag
- Markets end flat in volatile trade amid weak trends in global equities
- Manipur violence- Massive protests engulf the nation as people demand justice! See Photos
- Issuance of right & bonus shares by private companies – A tangled tale
- India’s Feb palm oil imports fall to 8-month low, say dealers