Online Export Import Data Search

Recent Searches: No Recent Searches
Complete Training Video : Click Here

Rupee settles 29 paise higher at 75.66 against US dollar

Date: 27-05-2020
Subject: Rupee settles 29 paise higher at 75.66 against US dollar
Mumbai: The rupee appreciated 29 paise to close at 75.66 against the US dollarNSE 2.46 % on Tuesday tracking weakness in the American currency, while easing of COVID-19 lockdown measures fuelled growth optimism.

At the interbank foreign exchange, the rupee opened at 75.69, then gained ground and finally settled for the day at 75.66, registering a rise of 29 paise over its previous close.

On Friday, rupee had settled at 75.95 against the US dollar.

Forex market was closed on Monday for Id-Ul-Fitr.

During the trading session, the rupee witnessed an intra-day high of 75.62 and a low of 75.74.

Forex traders said weakness of the US dollar against other currencies overseas and easing of lockdown restriction across the world boosted investor sentiment and supported the local unit.

In the equity market, domestic bourses pared initial gains and were trading on a negative note with the benchmark Sensex down 151.66 points at 30,520.93 and broader Nifty 41.65 points lower at 8,997.60.

The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.44 per cent down at 99.42.

Meanwhile, foreign institutional investors were net sellers in the capital market, as they sold equity shares worth Rs 1,353.90 crore on Friday, according to provisional exchange dat

Source:- economictimes.indiatimes.com

Infodrive India Pvt Ltd

Delhi :
  F-19, Pocket F, Okhla Phase-I
      Okhla Industrial Area

      New Delhi- 110020
   011 - 40703001

Kolkata :
  5th Floor Stesalit Towers,
      E-2-3, EP & GP Block,

      Sector-V, Salt Lake City,
      Kolkata-700 091
   033 - 71177191

INFODRIVE INDIA Copyright © 1996-2021 InfodriveIndia. All Rights Reserved.
Please read our Terms of Use and Privacy Policy before you use.

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Exim Help