68th Day Of Lockdown

Maharashtra65168280812197 Tamil Nadu2024611313157 Delhi173877846398 Gujarat1635692321007 Rajasthan83654855184 Madhya Pradesh78914444343 Uttar Pradesh77014651213 West Bengal48131775302 Andhra Pradesh3461228960 Bihar3359120915 Karnataka292299749 Telangana2499141277 Jammu and Kashmir234190828 Punjab2197194942 Odisha17239779 Haryana172194019 Kerala120957510 Assam9361044 Uttarakhand493794 Jharkhand4621914 Chhatisgarh4471021 Chandigarh2891994 Tripura2711720 Himachal Pradesh223634 Goa70420 Manipur6060 Puducherry57230 Nagaland3600 Meghalaya27121 Arunachal Pradesh310 Mizoram110 Sikkim100
Business Market 24 Jan 2020 Rupee falls 5 paise ...

Rupee falls 5 paise against US dollar in opening trade

PTI
Published Jan 24, 2020, 10:10 am IST
Updated Jan 24, 2020, 10:10 am IST
Rise in crude oil prices and lower opening in the domestic equity market also impacted the rupee movement.
The rupee opened weak at 71.34, but it recovered some lost ground to touch 71.30 against the US dollar.
 The rupee opened weak at 71.34, but it recovered some lost ground to touch 71.30 against the US dollar.

Mumbai: The rupee declined by 5 paise to 71.31 against the US dollar in early trade on Friday as spread of a deadly new virus from China kept investors edgy.

Besides, rise in crude oil prices and lower opening in the domestic equity market also impacted the rupee movement, forex dealers said.

 

However, fresh foreign fund inflows supported the Indian currency, they added.

At the interbank foreign exchange market, the rupee opened weak at 71.34, but it recovered some lost ground to touch 71.30 against the US dollar in morning trade.

The domestic currency had settled at 71.26 against the American currency on Thursday.

According to reports, coronavirus infection has killed at least 25 people, while the number of confirmed cases has increased to 830.

Brent crude futures, the global oil benchmark, rose 0.06 per cent to USD 62.08 per barrel.

The BSE benchmark Sensex was trading 71.95 points or 0.17 per cent lower at 41,314.45. Similarly, the broader NSE was trading 17.85 points, or 0.15 per cent, down at 12,162.50.

The dollar index, which gauges the greenback's strength against a basket of six currencies, inched up 0.02 per cent to 97.70.

Foreign institutional investors bought equities worth Rs 1,352.13 crore on a net basis on Thursday, provisional exchange data showed.

The 10-year Indian government bond yield was at 6.60 per cent.

...




ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT