The rupee closed weak against the dollar today. The rupee slipped 2 paise to close at 82.04 today. Today the dollar index has strengthened by 0.12 percent. In this article, we are telling you that due to the fall in the rupee. Today both the indices of the stock market closed at their highest level. Know what is the value of 1 dollar today
On Wednesday, the rupee closed 2 paise weaker against the US dollar. The rupee slipped to close at 82.04 (provisional) amid firming oil prices in the international market and a rise in the dollar. Today the price of 1 dollar is 82.05 rupees.
Because of this the rupee did not fall much
According to analysts, foreign portfolio investment in the stock market and record-breaking rally in the stock market were behind the sharp fall in the rupee .
The rupee opened strong at 82.00 at the Interbank Foreign Exchange and later rose as high as 81.97 in early trade but failed to sustain at higher levels. The rupee finally fell to a day’s low of 82.06 per dollar.
The rupee closed at 82.04 (provisional), showing a loss of 2 paise over its previous close. The rupee closed at 82.02 on Tuesday.
Dollar index strengthened
The dollar index, showing strength with 6 currencies of the dollar, strengthened by 0.12 percent to reach 102.62 today. Let us tell you that today there has been a rise in the prices of crude oil. Global oil benchmark crude climbed 0.69 per cent to Rs 72.76 per barrel.
Boom in the stock market
In the stock market , the 30-share BSE Sensex hit a record 64,000-mark, and Nifty touched a peak of 19,000 in intra-day trade amid rally in US and European markets and fresh foreign fund inflows.
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