Forex

Rupee pares gains, settles flat at 69.36 a US dollar

PTI Mumbai | Updated on June 25, 2019 Published on June 25, 2019

Forex dealers said foreign fund inflows and selling of the American currency by exporters supported the rupee. File Photo   -  The Hindu

The Indian rupee pared initial gains and ended almost flat at 69.36 against the US dollar on Tuesday as simmering geopolitical tensions in West Asia dampened forex market sentiment.

At the interbank foreign exchange (forex) market, the domestic currency opened at 69.32 a dollar and touched a low of 69.40 and high of 69.22 during the day. The local unit finally closed at 69.36 against the American currency, down 1 paisa over its previous close.

Financial Benchmark India Private Ltd set the reference rate for the rupee/dollar at 69.4788 and for rupee/euro at 79.1137. The reference rate for rupee/British pound was fixed at 88.6827 and for rupee/100 Japanese yen at 64.68.

 

Published on June 25, 2019
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