Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

India rupee surges 13 paise to 74.11 against US dollar in early trade.


Date: 27-08-2021
Subject: India rupee surges 13 paise to 74.11 against US dollar in early trade
The Indian rupee appreciated 13 paise to 74.11 against the US dollar in opening trade on Thursday, tracking a positive trend in domestic equities.

At the interbank foreign exchange, the rupee opened at 74.22 against the dollar, then surged higher to 74.11, up 13 paise over its previous close.

On Wednesday, the rupee had settled at 74.24 against the US dollar.

Global oil benchmark Brent crude futures fell 0.48 percent to USD 71.90 per barrel.

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was up 0.06 percent at 92.87.

On the domestic equity market front, BSE Sensex was trading 116.17 points or 0.21 percent higher at 56,060.38, while the broader NSE Nifty advanced 38.50 points or 0.23 percent to 16,673.15.

Foreign institutional investors were net sellers in the capital market on Wednesday as they offloaded shares worth Rs 1,071.83 crore, as per exchange data.

Traders said investors are awaiting cues on the scaling back of the easy monetary policy by the US Federal Reserve ahead of the important Jackson Hole Symposium.

"Jackson Hole Symposium starts today with Jerome Powell’s speech tomorrow. Market is awaiting for his comments before taking the next call on market movement," said Anil Kumar Bhansali, Head of Treasury, Finrex Treasury Advisors.

Source:moneycontrol.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+




Exim Guru Copyright © 1999-2021 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001