Live
- Overcoming Sleep Struggles: A Comprehensive Guide to a Restful Night
- RTC bus hit the auto
- MLA Kuchukula Rajesh Reddy participated in the Birappa festival
- DMHO starts awareness campaign on Malaria
- World Intellectual Property Day 2024: Date, History, Significance, and Everything You Need to Know
- Shiv Sena-UBT manifesto assures dignity to all states; ‘no’ to polluting nuclear, refinery mega projects
- IPL 2024: Delhi Capitals sign Gulbadin Naib to replace injured Mitchell Marsh
- Delhi court grants 30-day extension to police to conclude probe in Parliament security breach case
- Cash, liquor, drugs valued at Rs 321 crore confiscated in Punjab
- Gunfight breaks out in J&K's Sopore
Rupee down 21 paise against dollar in early trade
Highlights
The rupee was trading lower by 21 paise at 66.35 against the dollar in early trade on January 4, at the Interbank Foreign Exchange (forex) market on increased demand for the US currency from importers and jump in global crude prices as tensions flared up between Iran and Saudi Arabia.
The rupee was trading lower by 21 paise at 66.35 against the dollar in early trade on January 4, at the Interbank Foreign Exchange (forex) market on increased demand for the US currency from importers and jump in global crude prices as tensions flared up between Iran and Saudi Arabia.
Moreover, dollar surging against other Asian currencies and a lower opening in domestic equities also weighed on the domestic unit, dealers said. The rupee had gained 1 paisa against the US dollar to close at 66.14 on Friday following fresh selling of the American currency by banks and exporters amid fresh foreign capital inflows into equity market.
Meanwhile, the benchmark BSE Sensex dipped below the 26,000-mark by plunging 190.25 points or 0.72 per cent to 25,970.65 in early deals.
Next Story
ADVERTISEMENT
