The Indian Rupee is continuously depreciating. The effect of the continuous strengthening of the dollar is visible on the Indian rupee. On Tuesday, the rupee has fallen by 10 paise against the dollar.
The brightness returned to the stock market, the rupee rallied, a big fall of 10 paise against the dollar
Strong action was seen in the Indian stock market on Tuesday. The Sensex closed at 58,074 with a gain of 445 points. At the same time, Nifty has also closed at 17,107 after climbing 119 points. Meanwhile, as soon as the stock market regained some shine, the rupee crashed. Tell me, the Indian rupee is continuously getting weaker against the dollar. Falling 10 paise against the dollar, it closed at Rs 82.66 per dollar. Which is being seen as a big fall.
On Tuesday, the rupee depreciated by 10 paise to 82.66 against the dollar in the Interbank Foreign Exchange market. At the same time, due to the rise in crude oil prices and foreign money withdrawal from the domestic stock market, the rupee has declined.
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Earlier the rupee had lost 20 paise.
According to market sources, the rising trend in the markets at the global level also failed to allay the concerns of the investors. Investors are still waiting for the US Federal Reserve’s interest rate hike decision to be released on Wednesday. The rupee opened strongly at 82.54 per dollar against the US dollar at the Interbank Foreign Exchange market. So at the same time, as the market closed, it reached 82.66 per dollar with a decline of 10 paise compared to its previous closing rate. The rupee kept fluctuating between a high of 82.53 to a low of 82.70 during the trading session.
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At the same time, the rupee had closed at 82.56 per dollar on the previous trading day. Meanwhile, the dollar index, which shows the status of the US dollar against six currencies, rose 0.02 percent to 103.30. On the other hand, in the domestic stock market, the 30-share BSE Sensex rose by 445.73 points to close at 58,074.68 points.
Source: www.tv9hindi.com
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