Home NEWS Market Rupee gains for 3rd straight session, rises 15 paise to 72.45 against...

Rupee gains for 3rd straight session, rises 15 paise to 72.45 against U.S. dollar

In the last three trading sessions, the rupee has appreciated by 51 paise.

The rupee strengthened for the third straight session on Friday and closed 15 paise higher at 72.45 (provisional) against the U.S. dollar tracking positive domestic equities.

At the interbank forex market, the local unit opened at 72.46 against the greenback and witnessed an intra-day high of 72.31 and a low of 72.49 during the session.

It finally ended at 72.45 against the American currency, registering a rise of 15 paise over its previous close.

On Thursday, the rupee had settled at 72.60 against the U.S. dollar.

In the last three trading sessions, the rupee has appreciated by 51 paise.

Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, rose 0.14% to 90.09.

Brent crude futures, the global oil benchmark, advanced 0.30% to $69.67 per barrel.

On the domestic equity market front, the BSE Sensex ended 307.66 points or 0.6% higher at 51,422.88, while the broader NSE Nifty advanced 97.80 points or 0.64% to 15,435.65.

Foreign institutional investors were net sellers in the capital market on Thursday as they offloaded shares worth ₹660.90 crore, as per exchange data.

Further, the rupee gained strength as daily COVID-19 cases declined, traders said.

The single day rise in coronavirus cases in India fell below the 2-lakh mark for the second time this month, while the recoveries continue to outnumber daily cases for the 15th consecutive day, according to the Union Health Ministry data updated on Friday.

Rupee gains for 3rd straight session, rises 15 paise to 72.45 against U.S. dollar
bloggdudehttps://www.bloggdude.in
I’m a blogger- a 34 something-year-old from the INDIA.

Must Read

Indian marketers to increase dependence on consumer data: EY Study

‘Brands struggled to break down internal silos, activate data and build right skillsets to drive ROI’. Some 82% of Indian brands who participated in...

Amazon Freedom sale: Top offers on printers from HP, Epson, Canon and others with up to 22% discount

Amazon has kickstarted its five-day long ‘Great Freedom’ sale. The e-commerce giant is offering discounts of up to 70% on a range of electronics...

Vivo Y12G Launched In India, Know The Price And Specifications Of The Phone

स्मार्टफोन कंपी Vivo ने आज भारत में अपना बजट स्मार्टफोन Vivo Y12G लॉन्च कर दिया है. फोन को एक...

Gold gleams, silver struggles – The Hindu

Precious metals remained broadly range bound in July. After a distinctly weak performance in June, Comex gold managed to close in the green. The...

Going on vacation? Here’s how you can set automatic an out-of-office message in Gmail

If you are planning to travel anytime soon and don’t want to be bothered by emails then you should make use of Gmail’s vacation...
Rupee gains for 3rd straight session, rises 15 paise to 72.45 against U.S. dollar