28 C
Guwahati
Sunday, May 11, 2025

Rupee Falls 21 Paise To 81.38 Against US Dollar

- Advertisement -
- Advertisement -

MUMBAI, Jan 23 (PTI): The rupee fell 21 paise to close as 81.38 (provisional) against the US dollar on Monday amid rise in crude prices.

 

- Advertisement -

However, strong sentiment at the domestic equities market and a weak dollar restricted the fall of the local currency, forex traders said.

 

At the interbank foreign exchange market, the rupee opened stronger at 80.92 to a dollar against the previous close of 81.17. The local unit moved in a range of 81.47 to 80.93 during the day.

On Friday, the rupee had appreciated by 19 paise to close at 81.17 against the US dollar.

- Advertisement -

 

Meanwhile, the US dollar index, which gauges the greenback’s strength against a basket of six currencies, declined 0.35 per cent to 101.66 amid concerns over US economic growth.

The Brent crude rose 0.26 per cent to USD 87.86 per barrel.

 

- Advertisement -

On the domestic equity market front, the 30-share BSE Sensex rose by 319.90 points or 0.53 per cent to 60,941.67, while the broader NSE Nifty gained 90.90 points or 0.5 per cent to settle at 18,118.55.

 

Foreign Institutional Investors (FIIs) were net sellers in the capital market on Friday as they sold shares worth Rs 2,002.25 crore, according to exchange data.

- Advertisement -
The Hills Times
The Hills Timeshttps://www.thehillstimes.in/
Welcome to The Hills Times, your trusted source for daily news and updates in English from the heart of Assam, India. Since our establishment in 2000, we've been dedicated to providing timely and accurate information to our readers in Diphu and Guwahati. As the first English newspaper in the then undemarcated Karbi Anglong district, we've forged a strong connection with diverse communities and age groups, earning a reputation for being a reliable source of news and insights. In addition to our print edition, we keep pace with the digital age through our website, https://thehillstimes.in, where we diligently update our readers with the latest happenings day by day. Whether it's local events, regional developments, or global news, The Hills Times strives to keep you informed with dedication and integrity. Join us in staying ahead of the curve and exploring the world through our lens.
Latest news
- Advertisement -
Related news
- Advertisement -