Rupee remained range bound against US dollar in early trade
[ad_1]
copy photo
google creative common
The rupee opened at 81.95 against the dollar at the Interbank Foreign Exchange market. It touched a high of 81.86 in early deals. The rupee had closed at 81.92 against the US dollar on Monday.
Mumbai The rupee traded in a narrow range against the US dollar in early trade on Tuesday amid a fall in the domestic equity markets and weakness in the American currency. Forex traders said foreign fund outflows also weighed on the rupee. The rupee opened at 81.95 against the dollar at the Interbank Foreign Exchange market. It touched a high of 81.86 in early deals. The rupee had closed at 81.92 against the US dollar on Monday.
Meanwhile, the dollar index, which reflects the US dollar’s position against a basket of six major currencies, was down 0.02 per cent at 101.33. Global oil benchmark Brent crude futures were trading 0.01 per cent lower at $82.72 per barrel. Foreign institutional investors sold shares worth Rs 412.27 crore on Monday, according to available data.
Disclaimer:IndiaTheNews has not edited this news. This news has been published from PTI-language feed.
other news
[ad_2]
Source link
