Photo used for representational objective solely. File
| Photo Credit: R. Ragu
The rupee depreciated by 3 paise to shut at 81.93 against the U.S. dollar on Monday amid robust American forex against main rivals abroad.
However, the influx of international funds into native equities and a downward development in crude worth capped the autumn within the home unit, foreign exchange merchants mentioned.
At the interbank international alternate, the home unit opened decrease at 81.93 and moved within the vary of 82.01 to 81.90 throughout intra-day.
The unit settled at 81.93 (provisional) against the U.S. dollar, reflecting a lack of 3 paise over the earlier shut.
On Friday, the rupee settled at 81.90 against the dollar.
Meanwhile, the dollar index, which gauges the buck’s power against a basket of six currencies, was up 0.29% at 102.54.
Crude oil costs have been buying and selling decrease, with the benchmark Brent crude slipping 0.16% to $76.49 per barrel.
In the home fairness market, the 30-share BSE Sensex declined 216.28 factors or 0.34% to settle at 63,168.30, whereas broader NSE Nifty fell 70.55 factors or 0.37% to shut at 18,755.45.
Foreign Institutional Investors (FIIs) have been web patrons within the capital markets on Friday as they bought shares price ₹794.78 crore, in accordance to alternate information.
