: Rupee tumbles 6 paise to close at 73.02 against US dollar #IndiaNEWS #Social Trends Mumbai: The rupee depreciated by 6 paise to close at 73.02 (provisional) against the US dollar on Monday, tracking

@IndiaNEWS

Posted in: #IndiaNEWS #Social

Rupee tumbles 6 paise to close at 73.02 against US dollar #IndiaNEWS #Social Trends
Mumbai: The rupee depreciated by 6 paise to close at 73.02 (provisional) against the US dollar on Monday, tracking a rebound in the American currency overseas.
At the interbank forex market, the domestic unit opened at 72.89 against the US dollar and witnessed an intra-day high of 72.84 and a low of 73.15.
The local unit finally settled at 73.02, registering a fall of 6 paise over its previous close, even as the domestic equity market settled with significant gains on Budget day.
On Friday, the rupee had closed at 72.96 against the American currency.
Meanwhile, the dollar index, which gauges the greenbacks strength against a basket of six currencies, rose 0.21 per cent to 90.78.
On the domestic equity market front, the BSE Sensex ended 2,314.84 points or 5 per cent higher at 48,600.61, while the broader NSE Nifty advanced 646.60 points or 4.74 per cent to 14,281.20.
Foreign institutional investors were net sellers in the capital market as they offloaded shares worth Rs 5,930.66 crore on Friday, according to exchange data.
Brent crude futures, the global oil benchmark, advanced 0.84 per cent to USD 55.50 per barrel. (agencies)
The post Rupee tumbles 6 paise to close at 73.02 against US dollar appeared first on Jammu Kashmir Latest News | Tourism | Breaking News J&K.

Stock Market NEWS Best intraday tips Intraday Stocks below 100

Share & Forward! Do Not Share

0 Reactions   React

Replies (0) Report

Login to post a comment!