Wait...
  1. Home >
  2. Export Import News >
  3. Foreign Exchange >
  4. Rupee rises 26 paise to 69.00 vs USD in early trade >
  5. Rupee rises 26 paise to 69.00 vs USD in early trade

Online Export Import Data Search

Recent Searches: No Recent Searches
Complete Training Video : Click Here

Rupee rises 26 paise to 69.00 vs USD in early trade.


Date: 04-06-2019
Subject: Rupee rises 26 paise to 69.00 vs USD in early trade
Mumbai, Jun 4 () The rupee appreciated by 26 paise to 69.00 against the US dollar in early trade Tuesday driven by weakening of the greenback in overseas markets and sustained foreign fund inflows. 

Forex dealers said, selling of the American currency by exporters, fresh foreign fund inflows and easing crude oil prices supported the rupee. 

At the interbank foreign exchange, the rupee opened on a weak note at 69.10, but gathered momentum and rose to a high of 69.00 against the US dollar, showing 26 paise gain over its previous closing. 

The local unit, however, pared some gains and was quoted at 69.13 against the American currency at 0949 hrs. 

The rupee had settled at 69.26 against the US dollar on Monday. 

Forex traders said the rupee strengthened on expectation of a rate cut in key policy rates by the Reserve Bank of India. 

Meanwhile, foreign institutional investors (FIIs) remained net buyers in capital markets, putting in Rs 3,068.88 crore Monday, according to provisional exchange data. 

Brent crude futures, the global oil benchmark, fell 0.31 per cent to trade at USD 61.09 per barrel. 

Domestic bourses opened on a cautious note Tuesday with benchmark indices Sensex trading 58.44 points down at 40,209.18 and Nifty down 19.75 points at 12,068.80.

Source: timesofindia.indiatimes.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: 13-12-2019
Notification No. 68/2019 – Central Tax
Seeks to carry out changes in the CGST Rules, 2017.

Date: 13-12-2019
Notification No. 69/2019 – Central Tax
Seeks to notify the common portal for the purpose of e-invoice.

Date: 13-12-2019
Notification No. 70/2019 – Central Tax
Seeks to notify the class of registered person required to issue e-invoice.

Date: 13-12-2019
Notification No. 71/2019 – Central Tax
Seeks to give effect to the provisions of rule 46 of the CGST Rules, 2017.

Date: 13-12-2019
Notification No. 72/2019 – Central Tax
Seeks to notify the class of registered person required to issue invoice having QR Code.

Date: 13-12-2019
Notification No. 90/2019-CUSTOMS (N.T.)
Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seed, Areca nut, Gold & Silver - reg.

Date: 12-12-2019
TRADE NOTICE No. 41/2019-20
Online filling and Issuance of Preferential Certificate of Origin under SAFTA and SAPTA for India's Exports to Nepal w.e.f. 18th December 2019

Date: 12-12-2019
Notification No. 35/2015-2020
Amendment in Para 2.25 of Foreign Trade Policy, 2015-20.

Date: 12-12-2019
Notification No. 63/2019 – Central Tax
Seeks to extend the due date for furnishing of return in FORM GSTR-1 for registered persons in Jammu and Kashmir having aggregate turnover more than 1.5 crore rupees for the months of July, 2019 to September, 2019

Date: 12-12-2019
Notification No. 64/2019 – Central Tax
Seeks to extend the due date for furnishing of return in FORM GSTR-1 for registered persons in Jammu and Kashmir having aggregate turnover more than 1.5 crore rupees for the month of October, 2019.



Exim Guru Copyright © 1999-2019 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 Infodrive India
E-2, 3rd Floor, Kalkaji Main Road
New Delhi - 110019, India
Phone : 011 - 40703001