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

Rupee rallies 47 paise to close at 74.88 against US dollar.


Date: 21-10-2021
Subject: Rupee rallies 47 paise to close at 74.88 against US dollar
The rupee surged by 47 paise to close at 74.88 (provisional) against the US dollar on Wednesday on easing global crude oil prices.

A surging American currency in the overseas market and losses in the domestic equity markets put some pressure on the rupee, forex dealers said.

At the interbank forex market, the local unit opened strong at 75.10 against the greenback and later gained strength to settle at 74.88, higher by 47 paise over its previous close of 75.35.

The local unit moved in a range of 74.83 to 75.13 in the day trade.

The currency market was closed on Tuesday for the Id-E-Milad’ holiday.

Forex traders said the rupee’s rise was mainly supported by softening crude oil prices in international markets.

Brent crude futures, the global oil benchmark, fell 0.83 per cent to USD 84.37 per barrel.

Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, surged 0.12 per cent to 93.84.

On the domestic equity market front, the BSE Sensex ended 456.09 points or 0.74 per cent lower at 61,259.96, while the broader NSE Nifty declined 152.15 points or 0.83 per cent to 18,266.60.

Foreign institutional investors were net sellers in the capital market on Tuesday, as they offloaded shares worth Rs 505.79 crore, according to exchange data.

Source:moneycontrol.com

Get Sample Now

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


What is New?

Date: 18-11-2021
Notification No.92/2021 - Customs (N.T.)
Exchange rates Notification No.92/2021-Cus (NT) dated 18.11.2021

Date: 03-11-2021
Notification No.90 /2021 - Customs (N.T.)
Exchange rates Notification No.90/2021-Cus (NT) dated 03.11.2021

Date: 03-11-2021
Notification No.52 /2021-Customs
Seeks to amend Notification No. 18/2019-Customs reducing Road and Infratructure Cess (RIC) on Petrol and Diesel.

Date: 29-10-2021
Notification No.88/2021 - Customs (N.T.)
Exchange rates Notification No.88/2021-Cus (NT) dated 29.10.2021

Date: 29-10-2021
Notification No. 87/2021-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg

Date: 27-10-2021
Notification No. 85/2021-Customs (N.T.)
Courier Imports and Exports (Electronic Declaration and Processing ), Amendment, Regulations, 2021

Date: 27-10-2021
Notification No. 86/2021-Customs (N.T.)
Courier Imports and Exports (Clearance), Amendment, Regulations, 2021

Date: 27-10-2021
Notification No. 83/2021-Customs (N.T.)
Seeks to further amend Customs Tariff (Identification, Assessment and Collection of Countervailing Duty on Subsidised Articles and for Determination of Injury) Rules, 1995 to introduce Anti-Absorption provisions in these rules.

Date: 27-10-2021
Notification No. 84/2021-Customs (N.T.)
Seeks to further amend Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995 to introduce the Anti-Absorption provisions and make certain other miscellaneous changes.

Date: 22-10-2021
Notification No. 50/2021-Customs
Seeks to amend notification No. 96/2008- Customs dated 13.08.2008 to include Sierra Leone



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