The Indian rupee reversed all its intra-day losses to close almost flat at 74.24 (provisional) against the US dollar on Friday, tracking a strong rally in domestic equities.
At the interbank forex market, the local unit opened weak at 74.27 against the US dollar and remained in the negative territory for most of the session.
The Indian rupee reversed all its intra-day losses to close almost flat at 74.24 (provisional) against the US dollar on Friday, tracking a strong rally in domestic equities.
Besides, a weak American currency against its major rivals and lower crude prices also helped the rupee to recover, forex dealers said.바카라 웹사이트
At the interbank forex market, the local unit opened weak at 74.27 against the US dollar and remained in the negative territory for most of the session. However, towards the fag-end of the session, the local unit recovered all its losses.바카라 웹사이트바카라 웹사이트바카라 웹사이트
바카라 웹사이트The rupee witnessed an intra-day high of 74.24 and a low of 74.32 during the session.
바카라 웹사이트It finally ended at 74.24 against the American currency, registering a gain of 1 paisa over its previous close.
바카라 웹사이트On Thursday, the rupee had settled at 74.25 against the US dollar.
바카라 웹사이트Closing above the 55,000-mark for the first time, the BSE Sensex rose 593.31 points or 1.08 per cent to an all-time high of 55,437.29.
바카라 웹사이트Similarly, the broader NSE Nifty breached the 16,500-level, advancing 164.70 points or 1.01 per cent to a new closing peak of 16,529.10. It surged to a record of 16,543.60 during the day.
바카라 웹사이트Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, slipped 0.14 per cent to 92.91.
바카라 웹사이트Brent crude futures, the global oil benchmark, fell 0.13 per cent to USD 71.22 per barrel.
바카라 웹사이트Foreign institutional investors were net sellers in the capital market on Thursday as they offloaded shares worth Rs 212.11 crore, as per exchange data.