On Wednesday, the rupee closed at 81.74 in opposition to the US foreign money.
The rupee pared all its preliminary features to settle decrease by 10 paise at 81.84 (provisional) in opposition to the US foreign money on Thursday amid a robust buck abroad.
However, the robust sentiment within the home equities market restricted the rupee’s fall, foreign exchange merchants stated.
At the interbank overseas change, the home unit opened at 81.69 in opposition to the greenback and eventually closed at 81.84 (provisional), down 10 paise from its earlier shut.
During the day, the rupee witnessed a excessive of 81.61 and a low of 81.85 in opposition to the buck.
On Wednesday, the rupee closed at 81.74 in opposition to the US foreign money.
Meanwhile, the greenback index, which gauges the buck’s power in opposition to a basket of six currencies, rose 0.03 per cent to 101.50.
Brent crude futures, the worldwide oil benchmark, superior 0.21 per cent to USD 77.85 per barrel.
On the home fairness market entrance, the 30-share BSE Sensex closed 348.80 factors or 0.58 per cent larger at 60,649.38 factors. The broader NSE Nifty superior 101.45 factors or 0.57 per cent to 17,915.05 factors.
Foreign Institutional Investors (FIIs) have been web sellers within the capital market on Wednesday as they offloaded shares price Rs 1,257.48 crore, in response to change information.
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(This story has not been edited by News18 employees and is printed from a syndicated information company feed)