Wednesday, Sep 23, 2020 | Last Update : 05:14 AM IST

182nd Day Of Lockdown

Maharashtra122438091634833015 Andhra Pradesh6317495518215410 Tamil Nadu5473374919718871 Karnataka5268764233778145 Uttar Pradesh3588932895945135 Delhi2492592133045014 West Bengal2283021989834421 Odisha184122149379763 Telangana1726081419301042 Bihar169856155824870 Assam159320129130578 Kerala13863398720554 Gujarat1247671051913337 Rajasthan116881972841352 Haryana113075908841177 Madhya Pradesh108167836182007 Punjab99930754092860 Chhatisgarh8618347653680 Jharkhand7267358543626 Jammu and Kashmir65026421151024 Uttarakhand4177729000501 Goa2875322726360 Puducherry2319118065467 Tripura2227215441245 Himachal Pradesh124387836125 Chandigarh102987411123 Manipur9010683859 Arunachal Pradesh7385540813 Nagaland5544445110 Meghalaya4733252838 Sikkim2447190529 Mizoram158510120
  Business   Market  30 Dec 2019  Rupee rises 5 paise to 71.30 against USD in early trade

Rupee rises 5 paise to 71.30 against USD in early trade

PTI
Published : Dec 30, 2019, 10:35 am IST
Updated : Dec 30, 2019, 10:35 am IST

The rupee could not hold on to the gains and was trading at 71.32 against the dollar at 0955 hrs.

At the interbank foreign exchange the rupee opened at 71.36, then gained ground and touched 71.30, registering a rise of 5 paise over its previous close.
 At the interbank foreign exchange the rupee opened at 71.36, then gained ground and touched 71.30, registering a rise of 5 paise over its previous close.

Mumbai: The Indian rupee appreciated by 5 paise to 71.30 against the US dollar in early trade on Monday as higher opening in domestic equities and sustained foreign fund inflows strengthened investor sentiments.

At the interbank foreign exchange the rupee opened at 71.36, then gained ground and touched 71.30, registering a rise of 5 paise over its previous close.

 

On Friday, rupee had settled for the day at 71.35 against the US dollar.

The domestic unit however could not hold on to the gains and was trading at 71.32 against the dollar at 0955 hrs.

Forex traders said positive opening in domestic equities also supported the local unit.

Domestic bourses opened on a positive note on Monday with benchmark indices Sensex trading 109.90 points higher at 41,685.04 and Nifty up by 36.65 points at 12,282.45.

The dollar index, which gauges the greenback's strength against a basket of six currencies, fell by 0.10 per cent to 96.82.

Foreign institutional investors (FIIs) remained net buyers in the capital market, as they purchased shares worth Rs 81.37 crore on Friday, according to provisional exchange data.

 

Brent crude futures, the global oil benchmark, rose 0.25 per cent to trade at USD 68.33 per barrel.

The 10-year government bond yield was at 6.51 per cent in morning trade.

Meanwhile, on the global front, the US has carried out air strikes against a pro-Iran militant group in Iraq, killing 15 fighters, two days after a rocket attack that killed an American civilian contractor.

Tags: rupee, us dollar, forex trade, forex, interbank foreign exchange
Location: India, Maharashtra, Mumbai (Bombay)