FOREX NEWS

HOMEFOREX NEWS

09-06-2021|Asia

In early trade, the rupee falls 13 paise to 73.02 against the US dollar.

MUMBAI: The Indian rupee fell 13 paise in early trade on Wednesday, slipping below the 73 per US dollar threshold, as the US currency strengthened in the international market.

The local unit opened at 72.90 against the dollar on the interbank foreign exchange, then fell 13 paise to 73.02 versus the American currency.

On June 8, the rupee was trading at 72.89 against the US dollar.

The lack of key data in the domestic and foreign markets on June 9 could keep the currency steady, according to Reliance Securities in a research note.

Most Asian currencies have started the day somewhat firmer versus the US dollar, which could limit the depreciation bias, according to the note.

The dollar index, which measures the strength of the greenback against a basket of six currencies, increased 0.02 percent to 90.09.

Brent crude prices increased 0.51 percent to $72.59 a barrel, the global standard.

The BSE Sensex was up 109.51 points, or 0.21 percent, at 52,385.08, while the NSE Nifty was up 40.65 points, or 0.26 percent, at 15,780.75.

Foreign institutional investors were net purchasers in the capital market on June 8, purchasing shares worth Rs 1,422.71 crore, , as per exchange data.

Leave a Comment :


Cancel
  • We introduce people to the world of currency trading, and provide educational content to help them learn how to become profitable traders. We're also a community of traders that support each other on our daily trading journey.

Other Links

Learn Forex Trading

Corporate Address

  • 8210 Desoto Dr, West Chester, OH - 45069, USA
  • (513) 968-7209
  • support@drforexofficial.com
Trustpilot

Trading CFDs on leverage involves significant risk of loss to your capital.

Any opinions, chats, messages, news, research, analyses, prices, or other information contained on this Website are provided as general market information for educational and entertainment purposes only, and do not constitute investment advice. The Website should not be relied upon as a substitute for extensive independent market research before making your actual trading decisions. Opinions, market data, recommendations or any other content is subject to change at any time without notice. DrForexOfficial, will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

The information on this site and the products and services offered are not intended for distribution to any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. Read our full legal disclaimer.

© 2020-2024 All Right Reserved. DrForexOfficial

We will provide you latest market updates and analysis, for that you can JOIN OUR TELEGRAM CHANNEL and get daily profit and more facilities. If you want to JOIN TELEGRAM CHANNEL, click here to join.