GET Stock QuotesNews18 APP
News18 English
Powered by cricketnext logo
»
1-min read

Rupee in Free Fall, Slips 8 Paise to Fresh 3-Month Low

The benchmark BSE Sensex rose 207.77 points, or 0.61 per cent, to 33,911.36 in early trade. The rupee ended lower by 58 paise on Tuesday at 64.79 -- its lowest in three months -- on rise in capital outflows.

PTI

Updated:February 21, 2018, 11:25 AM IST
facebookTwittergoogleskypewhatsapp
Rupee in Free Fall, Slips 8 Paise to Fresh 3-Month Low
File Photo
Loading...
Mumbai: Extending its losses for the fourth session, the rupee weakened by 8 paise to trade at fresh 3-month low of 64.87 against the US dollar in opening trade ahead of RBI's minutes for the latest policy meeting due later on Wednesday, February 21st, 2018.

Besides heavy demand for the American currency from importers, persistent outflows by foreign funds and the dollar's strength against other currencies overseas weighed on the domestic unit, forex dealers said.

A higher opening of the equity market on Wednesday, however, capped the fall.

The benchmark BSE Sensex rose 207.77 points, or 0.61 per cent, to 33,911.36 in early trade. The rupee ended lower by 58 paise on Tuesday at 64.79 -- its lowest in three months -- on rise in capital outflows.

On a net basis, foreign investors withdrew Rs 850.35 crore on Tuesday, as per provisional data released by the stock exchanges.
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
Jet Airways 346.50 7.98
Yes Bank 191.00 -7.21
Reliance 1,127.40 2.79
ICICI Bank 367.55 -0.66
Indiabulls Hsg 766.20 -4.80
Company Price Change %Gain
Jet Airways 346.85 8.07
Mindtree 838.20 -0.05
Yes Bank 191.30 -7.14
HDFC 1,887.55 1.91
Info Edge 1,370.00 -0.48
Top Gainers
Company Price Change %Gain
Bharti Airtel 332.75 9.31
HCL Tech 1,022.20 3.38
Eicher Motors 24,735.00 3.30
Grasim 831.90 2.87
Reliance 1,127.40 2.79
Company Price Change %Gain
Bharti Airtel 333.60 9.81
Reliance 1,127.50 2.79
HDFC 1,887.55 1.91
SBI 290.30 1.75
Hero Motocorp 2,954.55 1.28
Top Losers
Company Price Change %Gain
Yes Bank 191.00 -7.21
Indiabulls Hsg 766.20 -4.80
JSW Steel 335.10 -2.76
Tata Steel 574.10 -2.59
IOC 143.35 -2.25
Company Price Change %Gain
Yes Bank 191.30 -7.14
Tata Steel 574.10 -2.47
Maruti Suzuki 7,332.05 -2.02
ONGC 156.55 -1.48
Axis Bank 618.30 -1.17

Live TV

Loading...
Loading...