Categories: Business

Rupee ends 3 paise lower at 75.18 per dollar


Rupee Vs dollar

new Delhi. The rupee continues to fall due to concerns over rising cases of corona virus infection and the strengthening of the dollar. According to preliminary data, the rupee fell three paise to close at 75.18 per dollar on Thursday. Forex traders said that the strong dollar, foreign investor withdrawals and rising cases of Kovid-19 put pressure on the rupee. However, the rupee gained some support from the domestic stock markets and limited the losses.

The rupee opened at 75.23 per dollar in the interbank foreign exchange market and finally came to 75.18 per dollar. This is three paise down compared to the previous day. The rupee had closed at 75.15 against the US dollar on Wednesday. During the session, the rupee remained in the range of 75.15 per dollar and low of 75.29 per dollar. Meanwhile, the dollar index rose 0.06 percent to 96.13 in the basket of six major currencies.

At the same time, the global crude oil benchmark Brent crude futures fell 0.82 percent to $ 43.43 a barrel. Meanwhile, the number of people infected with the corona virus epidemic and who died due to the disease continues to rise both locally and globally. The worldwide number of cases of Kovid-19 infection has crossed 1.35 crore and the death toll has gone up to 5.84 lakh. According to the Ministry of Health, the death toll due to the disease in India rose to 24,915 and the number of infections increased to 9,68,876.

This post was published on July 17, 2020 4:02 am

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