Money & Banking

Rupee settles 2 paise higher at 73.06 against US dollar

PTI Mumbai | Updated on September 02, 2021

Dollar index falls a shade to 92.39

The Indian rupee settled with a marginal gain of 2 paise at 73.06 (provisional) against the US dollar on Thursday despite a sustained rally in domestic equities.

At the interbank forex market, the local unit opened at 73.04 against the greenback and witnessed an intra-day high of 72.96 and a low of 73.13.

It finally ended at 73.06 against the American currency, registering a gain of just 2 paise over its previous close.

On Wednesday, the rupee had settled at 73.08 against the US dollar.

On the domestic equity market front, the BSE Sensex ended 514.33 points or 0.90 per cent higher at a lifetime high of 57,852.54, while the broader NSE Nifty advanced 156.90 points or 0.92 per cent to close at record 17,233.15.

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.06 per cent to 92.39.

Brent crude futures, the global oil benchmark, rose 0.32 per cent to USD $71.82 per barrel.

Foreign institutional investors were net buyers in the capital market on Wednesday as they purchased shares worth Rs 666.66 crore, as per exchange data.

 

Published on September 02, 2021

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

This article is closed for comments.
Please Email the Editor

You May Also Like