Rupee trades flat against US dollar at 82.02 amid stocks rally

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Rupee trades flat against US dollar at 82.02 amid stocks rally


The rupee traded nearly flat at 82.02 against the US dollar in early commerce on Friday, June 30, 2023, amid good points within the home equities and agency crude oil costs.

The rupee opened weak at 82.05 at the interbank overseas alternate market attributable to agency crude oil costs within the Asian commerce. It moved in a good vary of 82.01 to 82.07 in early commerce.

The native unit was buying and selling at 82.02 against the US dollar at 0940 hours, exhibiting good points of simply 1 paisa over the past shut of 82.03 on June 28.

Forex markets had been closed on June 29 on the event of Bakrid vacation.

The dollar index, which gauges the buck’s energy against a basket of six currencies, was buying and selling down by 0.06 per cent to 103.28.

Global crude oil benchmark Brent crude was buying and selling 0.40 per cent increased at USD 74.64 per barrel.

In the home fairness market, benchmark indices Sensex and Nifty hit their all-time excessive in early commerce. The 30-share BSE Sensex hit the report excessive of 64,414.84 and the Nifty scaled the height of 19,108.20 factors in early commerce amid contemporary overseas fund inflows.

Sensex closed at a lifetime excessive of 63,915.42, up by 499.39 factors or 0.79 per cent. NSE Nifty additionally closed at a report excessive of 18,972.10, up by 154.70 factors or 0.82 per cent on Wednesday.

Foreign Portfolio Investors emerged as internet consumers within the capital market on Wednesday as they purchased shares price Rs 12,350 crore, in accordance with alternate knowledge.



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