Traders said declining crude oil prices, firm Asian currencies and positive sentiment in the domestic equity market however capped the fall in rupee.Īt the interbank foreign exchange, the domestic unit opened stronger at 82. New Delhi: India has been attempting to internationalise the rupee for a long. 0.1 United States Dollar: 8.2614003 Indian Rupee: 1 United States Dollar: 82.614003 Indian Rupee: 2 United States Dollar: 165.228006 Indian Rupee: 3 United States Dollar: 247.842009 Indian Rupee: 5 United States Dollar: 413.070015 Indian Rupee: 10 United States Dollar: 826.14003 Indian Rupee: 20 United States Dollar: 1652. MUMBAI: The rupee depreciated 6 paise to 82.62 against the US dollar in early trade on Tuesday amid a stronger dollar and mixed global cues. Investors were trading cautiously awaiting the interest rate decision by the US Federal Reserve on Wednesday even as they were concerned over the health of the global banking system.įoreign Institutional Investors (FIIs) were net sellers in the domestic capital market on Monday as they offloaded shares worth Rs 2,545.87 crore, according to exchange data. The 30-share BSE Sensex was trading 199.45 points or 0.35 per cent higher at 57,828.40 points while the broader NSE Nifty was up 51.05 points or 0.30 per cent at 17,039.85 points. Global oil benchmark Brent crude futures fell 1.08 per cent to USD 72.99 per barrel. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was 0.07 per cent higher at 103.36. (Bloomberg) - The Federal Reserve and five other central banks announced coordinated action Sunday to boost liquidity in US dollar swap arrangements, the latest effort by policymakers to ease growing strains in the global financial system. We are back into a sideways band with a mild downside bias with 82.24 as support, but expect upsides to gain momentum if 82.81 is reclaimed," said Anand James, Chief Market Strategist at Geojit Financial Services. "While a swing higher unfolded as we suspected, the 82.66 region, which we had lined up to be the key pivot, was enough to derail the upside momentum. On Monday, the rupee settled at 82.56 against the US dollar. It traded between 82.53 and 82.62, down 6 paise against its previous close.
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