Advertisement
Monday, Aug 08, 2022
Outlook.com
Outlook.com

Rupee Slips 9 Paise At 73.75 Against Dollar After Dussehra Break

It oscillated between 75.24 to 75.38 against the dollar during trade hours at the interbank foreign exchange market. On Thursday, before closing for the Dussehra weekend, it had settled at 75.26

Rupee Slips 9 Paise At 73.75 Against Dollar After Dussehra Break
Rupee Slips 9 Paise At 73.75 Against Dollar After Dussehra Break
outlookindia.com
2021-10-18T17:45:32+05:30

Rupee fell 9 paise to close at 73.35 against the dollar as global crude oil prices soared on a rising trajectory and the dollar strengthened against key rivals in overseas markets. 

It oscillated between 75.24 to 75.38 against the dollar during trade hours at the interbank foreign exchange market. On Thursday,  before closing for the Dussehra weekend, it had settled at 75.26

Trading volume remained light following the festive weekend. Rupee, however, suffered due to unoptimistic trade deficit data. India's trade deficit widened to $22.6 billion in September, as per data revealed on October 14. 

The dollar index, which gauges the greenback's strength against a basket of six currencies, was up 0.19 per cent at 94.12.

Brent crude futures, soared 1.11 per cent to USD 85.80/barrel.

BSE Sensex rose 459.59 points or 0.75 per cent to close the day at 61,765.59. The NSE Nifty rose 138.50 points or 0.76 points to close the day at 18,477.05 points 

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