Rupee slips 6 paise to 76.25 against US dollar
The rupee declined 6 paise to close at 76.25 (provisional) against the US dollar on Monday, tracking the strength of the greenback overseas and elevated crude oil prices.
The rupee declined 6 paise to close at 76.25 (provisional) against the US dollar on Monday, tracking the strength of the greenback overseas and elevated crude oil prices.
At the interbank foreign exchange market, the rupee opened lower at 76.41 against the American currency, and finally settled for the day at 76.25, down 6 paise over its previous close.
During the trading session, the rupee witnessed an intra-day high of 76.20 and a low of 76.43.
See Zee Business Live TV Streaming Below:
On Wednesday, the rupee had dipped 4 paise to close at 76.19 against the US dollar.
The forex market was closed on Thursday for Mahavir Jayanti and Dr Babasaheb Ambedkar Jayanti and on Friday on account of Good Friday.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.20 per cent higher at 100.70.
Global oil benchmark Brent crude futures fell 0.18 per cent to USD 111.50 per barrel.
The 30-share BSE Sensex ended 1,172.19 points or 2.01 per cent lower at 57,166.74, while the broader NSE Nifty fell 302.00 points or 1.73 per cent to 17,173.65.
Foreign institutional investors remained net sellers in the capital market on Wednesday as they offloaded shares worth Rs 2,061.04 crore, according to stock exchange data.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
06:30 PM IST