During the session, the rupee touched a excessive of 81.86 and a low of 81.96 towards the greenback. (Representative picture)
The rupee on Monday settled at 81.92 towards the US greenback.
The rupee traded in a slim vary and settled on a flat word at 81.92 (provisional) towards the US greenback amid rising crude oil costs and overseas fund outflows.
At the interbank overseas change market, the native unit opened at 81.95 towards the US foreign money and at last closed at 81.92 (provisional) towards the dollar, unchanged from its earlier shut.
During the session, the rupee touched a excessive of 81.86 and a low of 81.96 towards the greenback.
The rupee on Monday settled at 81.92 towards the US greenback.
According to Jateen Trivedi, VP Research Analyst at LKP Securities, the rupee traded vary sure close to 81.90 because the greenback index was within the consolidation vary.
“The rupee replicated friends by staying within the vary of 81.85-81.95. The US GDP knowledge is the subsequent key set off for the merchants to be careful for, until then the vary for the rupee could be seen in 81.75 – 82.10,” Trivedi mentioned.
The dollar index, which gauges the greenback’s strength against a basket of six currencies, rose 0.06 per cent to 101.40.
Global oil benchmark Brent crude futures declined 0.39 per cent to USD 82.41 per barrel.
On the domestic equity market front, the 30-share BSE Sensex advanced 74.61 points or 0.12 per cent to end at 60,130.71 points and the broader NSE Nifty gained 25.85 points or 0.15 per cent to 17,769.25 points.
Foreign institutional investors were net sellers in the capital market on Monday as they offloaded shares worth Rs 412.27 crore, as per exchange data.
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(This story has not been edited by News18 workers and is printed from a syndicated information company feed)
