Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
SPONSORED BY
LIVE TV DownloadNews18 App
News18 English
»
1-min read

Rupee Slips by 32 Paise to 69.24 Against US Dollar in Early Trade

Strengthening of the greenback vis-a-vis other currencies overseas and rising crude oil prices in the overseas market added pressure to the domestic unit.

PTI

Updated:April 12, 2019, 10:02 AM IST
facebookTwittergoogleskypewhatsapp
Rupee Slips by 32 Paise to 69.24 Against US Dollar in Early Trade
Representative Image (Reuters).
Loading...
Mumbai: The rupee depreciated by 32 paise to 69.24 against the US dollar in early trade Friday owing to increased demand for the greenback from importers and banks.

At the Interbank Foreign Exchange, the rupee opened on a weak note at 69.04 then fell further to 69.24 against the US dollar, showing a decline of 32 paise over its previous closing.

The local unit, however, pared some losses and was quoted at 69.18 against the American currency at 0941 hrs.

The Indian rupee Thursday climbed 19 paise to close at 68.92 against the US dollar.

Forex traders said the strengthening of the greenback vis-a-vis other currencies overseas and rising crude oil prices in overseas market added pressure to the domestic unit.

However, foreign fund inflows and higher opening in domestic equity market restricted the fall in the local unit.

Foreign institutional investors (FIIs) put in Rs 476.51 crore on a net basis Thursday, provisional data showed.
Brent crude futures, the global oil benchmark, rose 0.27 per cent to USD 71.02 per barrel.

Meanwhile, domestic bourses opened on a bullish note Friday. The BSE gauge Sensex was trading at 38,718.67, higher by 109.52 points while the NSE Nifty was trading at 11,624.70 up by 28.00 points in early trade.
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
 
T&C Apply. ARN EU/04/19/13626
 

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results