Live
- DEO suspends teacher accused of sexual assault
- PM ‘cursing’ Congress out of despair: Maharashtra Cong Chief
- Applications are invited for Junior Colleges Scheme District Scheduled Castes Development Officer Ramlal
- A nomination was filed on the second day for the Nagar Kurnool parliamentary seat
- SP Gaikwad inspected the Telangana Amarnath Saleswaram Jatara yatra arrangements
- Rahul Gandhi's decision to contest from Wayanad shows 'lack of confidence': BJP President Nadda
- IPL 2024: Delhi bowlers will go after all of SRH’s top-order batters, says head coach Ricky Ponting
- At Amroha rally, PM Modi sends out ‘meaningful’ message for Muslims and Hindus
- Tripura records highest 79.83 pc voter turnout in Northeast
- The government has to clear the confusion
Rupee Gains 2 Paise to 71.22 Against Dollar in Early Trade
The rupee inched up 2 paise to 7122 against the US dollar in early trade Friday amid a dip in crude oil prices and fresh foreign fund inflows At the Interbank Foreign Exchange forex market, the local unit opened almost flat at 7123 and stayed in a narrow range
A dip in crude oil prices and fresh foreign fund inflows supported the domestic unit, which had skidded by 13 paise to close at 71.24 on Thursday.
Mumbai: The rupee inched up 2 paise to 71.22 against the US dollar in early trade Friday amid a dip in crude oil prices and fresh foreign fund inflows. At the Interbank Foreign Exchange (forex) market, the local unit opened almost flat at 71.23 and stayed in a narrow range.
The rupee had skidded by 13 paise to close at 71.24 against the US dollar Thursday.
Foreign institutional investors (FIIs) net bought equities worth Rs 55 crore Thursday while domestic institutional investors bought shares to the tune of Rs 202 crore, provisional data showed.
Brent crude futures, the global oil benchmark, was trading 0.25 per cent lower at USD 66.90 per barrel.
The dollar index, which gauges the greenback's strength against a basket of six currencies, traded flat at 96.60. Meanwhile, the benchmark BSE Sensex fell 56.40 points, or 0.16 per cent, to 35,841.95 in opening trade Friday.
