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    שירות ליווי נשי

    Prime Minister Shri Narendra Modi inaugurates SEMICON India 2024 in Greater Noida, Uttar Pradesh

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    Odisha Records 63 New COVID Cases

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    India's Active caseload currently stands at 26,618

    India’s Cumulative COVID-19 Vaccination Coverage exceeds 219.27 Cr

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Rupee falls 3 paise to 81.93 against US dollar

shree1news by shree1news
June 19, 2023
in Finance
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Rupee plunges 67 paise to hit record low of 87.29 against US dollar in early trade

Downward growth arrow 3d rupee symbol sign. Economic recession concept Indian currency sign.

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The rupee fell 3 paise to 81.93 against the US dollar on Monday, as the US currency strengthened against major rivals worldwide.

However, forex dealers claimed that the entry of foreign funds into local equities, combined with a lower trend in oil prices, limited the slide in the domestic unit.

READ ALSO

Rupee ends slightly higher at 85.52/$; falls for second straight week

Indian Rupee snaps three-day winning streak; ends 27 paise lower at 85.52/$

The domestic unit opened lower at 81.93 on the interbank foreign exchange and fluctuated between 82.01 and 81.90 over the day.

The unit closed at 81.93 (provisional) versus the US dollar, down 3 paise from the previous closing.

The rupee closed at 81.90 per dollar on Friday.

Meanwhile, the dollar index, which measures the strength of the US currency against a basket of six currencies, rose 0.29 percent to 102.54.

Crude oil prices were falling, with Brent crude falling 0.16 percent to USD 76.49 per barrel.

The 30-share BSE Sensex slid 216.28 points, or 0.34 percent, to close at 63,168.30, while the wider NSE Nifty fell 70.55 points, or 0.37 percent, to conclude at 18,755.45.

According to exchange data, Foreign Institutional Investors (FIIs) were net purchasers in the capital markets on Friday, purchasing shares worth Rs 794.78 crore.

Tags: RupeeRupee vs US Dollarshree1newsUS Dollar

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