Advertisement
Tuesday, Jun 28, 2022
Outlook.com
Outlook.com

Rupee Breaks 3-Day Losing Streak, Closes At 74.79 Against US Dollar

The local currency opened at 74.44 against the dollar and rose to an intra-day high of 74.70 against the dollar. It fell to an intra-day low of 74.93 against the dollar.

Rupee Breaks 3-Day Losing Streak, Closes At 74.79 Against US Dollar
Rupee Breaks 3-Day Losing Streak, Closes At 74.79 Against US Dollar
outlookindia.com
2021-10-07T19:47:35+05:30

Rupee recovered from its three-day losing streak as it closed 19 paise higher at 74.79 against the dollar with the softening of the dollar in international markets and cooling off crude oil prices. 

The local currency opened at 74.44 against the dollar and rose to an intra-day high of 74.70 against the dollar. It fell to an intra-day low of 74.93 against the dollar. It had slipped 54 paise to close at 74.98 against the dollar on Wednesday - its biggest single-day drop in six months. 

The rupee might continue seeing fluctuation ahead of the monetary policy announcement scheduled for October 8. 

The dollar index fell 0.06 per cent to 94.20. 

Brent crude futures fell 1.07 per cent to $80.21/barrel.

BSE Sensex ended the day 488.10 points or 0.82 per cent higher at 59,677.83 points. NSE Nifty closed the day at 17,790.35 points which 0.82 per cent or 144.35 points higher than the previous close. 

Advertisement

Outlook Newsletters

Advertisement
Advertisement
Advertisement

Read More from Outlook

Lament Of Separation: Songs Of Habba Khatun, Last Queen Of Kashmir, Still Echo In Valley

Lament Of Separation: Songs Of Habba Khatun, Last Queen Of Kashmir, Still Echo In Valley

In happy times and sad, Habba Khatun’s sensuous songs make both young and old emotional. With the never-ending conflict bringing tragedies to every doorstep, Habba’s lyrics of separation amplify their mourning.

How Indian Laws Govern People’s Right To Love And Live

How Indian Laws Govern People’s Right To Love And Live

In India, only those relationships between a man and a woman are considered to be legitimate when there is a marriage between the two.

Kohli Quits Test Captaincy, Leaves Leadership Vacuum

Kohli Quits Test Captaincy, Leaves Leadership Vacuum

Virat Kohli, 33, had recently stepped down as India's T20I captain and was subsequently removed as the ODI captain.

UP Elections 2022: How Congress Is Harnessing Power Of 'Persecuted' Women To Counter BJP

UP Elections 2022: How Congress Is Harnessing Power Of 'Persecuted' Women To Counter BJP

A Mahila Congress leader, who is the face of the ‘Ladki Hoon, Lad Sakti Hoon’ campaign, however, has accused the party of anti-women bias after she was denied a ticket.

Advertisement