Business

Rupee recovers 15 paise; close at 75.37 against USD

Mumbai, Oct 13 (PTI) | Publish Date: 10/13/2021 1:01:55 PM IST

The rupee on Wednesday rebounded by 15 paise to close at 75.37 (provisional) against the US dollar following a rally in domestic equities and weak American currency in the overseas markets. In addition, lower crude prices also supported the rupee sentiment, forex deals said.

At the interbank forex market, the rupee opened strong at 75.29 against the greenback. During the session, the domestic unit swung between 75.19 and 75.51. On Tuesday, the rupee had closed at 75.52 against the dollar. Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, fell by 0.27 per cent to 94.26. Brent crude futures, the global oil benchmark, declined 0.40 per cent to USD 83.09 per barrel. After scaling a record peak of 60,836.63 during the session, the BSE Sensex settled 452.74 points or 0.75 per cent higher at 60,737.05, taking its winning run to the fifth consecutive day.

Similarly, the Nifty rallied 169.80 points or 0.94 per cent to 18,161.75. It touched an intra-day record of 18,197.80. Foreign institutional investors were net sellers in the capital market on Tuesday as they offloaded shares worth Rs 278.32 crore, as per exchange data.

Launched on December 3,1990. Nagaland Post is the first and highest circulated newspaper of Nagaland state. Nagaland Post is also the first newspaper in Nagaland to be published in multi-colour.

Desk:+91-3862-248 489, e-mail: npdesk@gmail.com Fax: +91-3862-248 500
Advt.:+91-3862-248 267, e-mail:npostadvt@gmail.com

QUICK LINKS

SUNDAY POST

Join us on

© Nagaland Post 2018. All Rights are Reserved
Designed by : 4C Plus