Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From May 12, 2023

Rupee Slips 3 Paise To 82.12 Against US Dollar In Early Trade

Rupee Slips 3 Paise To 82.12 Against US Dollar In Early Trade
On Thursday, the rupee closed at 82.09 against the US currency.
STOCKS IN THIS STORY
Goenka Business & Finance Ltd.
--

The rupee declined 3 paise to 82.12 against the US dollar in early trade on Friday, weighed down by a negative trend in domestic equities.

However, a weak greenback against major rivals overseas and persistent foreign capital inflows supported the domestic currency and restricted the loss, traders said.

At the interbank foreign exchange, the local unit opened weak at 82.11 against the dollar and slipped further to 82.12, registering a fall of 3 paise over its previous close.

On Thursday, the rupee closed at 82.09 against the US currency.

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, slipped 0.04 per cent to 101.83.

In the domestic equity market, the 30-share BSE Sensex fell 312.99 points or 0.51 per cent to 61,591.53 in early trade on Friday. The broader NSE Nifty declined 93.50 points or 0.51 per cent to 18,203.50.

Brent crude futures, the global oil benchmark, declined 0.59 per cent to USD 74.54 per barrel.

Foreign Institutional Investors (FIIs) were net buyers in the capital market on Thursday as they purchased shares worth Rs 837.21 crore, according to exchange data.

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search