Wait...

Online Export Import Data Search

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

Rupee settles 6 paise higher at 73.11 against US dollar.


Date: 07-01-2021
Subject: Rupee settles 6 paise higher at 73.11 against US dollar
The rupee appreciated by 6 paise to close at 73.11 (provisional) against the US dollar on Wednesday, supported by sustained foreign fund inflows and weaker American currency against key rivals.

At the interbank forex market, the domestic unit opened at 73.16 against the US dollar and witnessed an intra-day high of 73.05 and a low of 73.19.

The local unit finally settled at 73.11, registering a rise of 6 paise over its previous close.

On Tuesday, the rupee had fallen 15 paise to settle at 73.17 against the US dollar.

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.15 per cent to 89.30.

"Indian rupee appreciated amid weakness in dollar and steady FII inflows. Dollar weakened on prospect of the Democrats winning both the seats at Senate runoff election in Georgia. If Democrats win both seats it would be easier for elected President Joe Biden to pass new legislation," said Saif Mukadam, Research Analyst, Sharekhan by BNP Paribas NSE 0.09 %.

Additionally, markets expect Democrat-led government may add more fiscal stimulus, Mukadam said.

Furthermore, Nikkei Services PMI data showed activity in sector expanded for three consecutive months. However, sharp gains were prevented on surge in crude oil prices and as stocks markets slipped into red, he noted.

On the domestic equity market front, the BSE Sensex ended 263.72 points or 0.54 per cent lower at 48,174.06, while the broader NSE Nifty declined 53.25 points or 0.38 per cent to 14,146.25.

Foreign institutional investors were net buyers in the capital market as they purchased shares worth Rs 986.30 crore on a net basis on Tuesday, according to provisional exchange data.

Brent crude futures, the global oil benchmark, advanced 54.08 per cent to USD 0.90 per barrel.

Source:-economictimes.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: 26-02-2021
Notification No. 25/2021-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: 26-02-2021
A.P. (DIR Series) Circular No. 12
Investment by Foreign Portfolio Investors (FPI) in Defaulted Bonds - Relaxations

Date: 25-02-2021
Notification No. 09/2021 -Customs (ADD)
Seeks to amend notification no 29/2017-Customs (ADD) dated 14.06.2017 so as to extend the said notification up to 28.06.2021.

Date: 25-02-2021
Notification No. 10/2021-Customs (ADD)
Seeks to further amend notification No. 2/2016-Customs (ADD) dated 28th Jan, 2016 to extend the levy of Anti-Dumping duty on Melamine originating in or exported from China PR, up to and inclusive of 31st March, 2021.

Date: 25-02-2021
Public Notice No. 40/2015-20
Amendment in Appendix 1B, Hand Book of Procedure 2015-20

Date: 23-02-2021
Notification No. 03/2021-Central Tax
Seeks to notify persons to whom provisions of sub-section (6B) or sub-section (6C) of section 25 of CGST Act will not apply.

Date: 23-02-2021
Trade Notice No. 43/2020-2021
Electronic filing and Issuance of Preferential Certificate of Origin (CoO) for India’s Exports under India-Mercosur PTA and India-Thailand EHS w.e.f. 25th February 2021

Date: 23-02-2021
Notification No. 20/2021-Customs (N.T./CAA/DRI)
Appointment of CAA by Pr. DGRI

Date: 23-02-2021
Notification No. 21/2021-Customs (N.T./CAA/DRI)
Appointment of CAA by Pr. DGRI

Date: 22-02-2021
Circular No. 06/2021-Customs
Policy and Guidelines for setting up of Inland Container Depots (ICDs), Container Freight Stations (CFSs) and Air Freight Stations (AFSs)-Reg.



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