On Friday, the rupee depreciated by 9 paise to 66.80 against the US dollar due to appreciation in the American currency overseas with the Fed meeting coming within a week and US monetary policy expected to be tightened. The benchmark BSE Sensex was down 61.31 points or 0.24 per cent at 25,191.01 in early trade.
Watch Rupee depreciates by 9 paise against dollar in Friday's trade With HD Quality.
On Friday, the rupee depreciated by 9 paise to 66.80 against the US dollar due to appreciation in the American currency overseas with the Fed meeting coming within a week and US monetary policy expected to be tightened. The benchmark BSE Sensex was down 61.31 points or 0.24 per cent at 25,191.01 in early trade.
News video | 408 views
On Friday, the rupee depreciated by 9 paise to 66.80 against the US dollar due to appreciation in the American currency overseas with the Fed meeting coming within a week and US monetary policy expected to be tightened. The benchmark BSE Sensex was down 61.31 points or 0.24 per cent at 25,191.01 in early trade.
Watch Rupee depreciates by 9 paise against dollar in Friday's trade With HD Quality
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The 30-share BSE Sensex traded down 31.02 points at 27884.87 and the 50-share NSE Nifty fell 5.80 points to 8560.05.
About 1071 shares advanced against 795 declining shares on the Bombay Stock Exchange. L&T Infotech listed at a 6 percent discount on the exchange. Reliance Industries, TCS, L&T, ICICI Bank and Dr. Reddy's Labs were other losers in trade while ITC, Asian Paints, HDFC Bank, Tata Motors, ONGC and Sun Pharma were gainers.
The Rupee depreciated by 5 paise to 67.25 against the US dollar in early trade.
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On Monday today, the rupee has depreciated by 10 paise to 66.36 against the US dollar as investors gears up for RBI monetary policy to be announced on Tuesday. Dealers have attributed the rupee's fall to increased demand for the US currency.
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Rupee's free fall continues as it sinks to an all time low of over 68 against the U.S dollar.
Stock markets tracked the rupee weakness and opened in the red. Sensex plunged 400 points. Early in the day, it made a light recovery but continues to fluctuate.
While Nifty is trading over 100 points lower. Gold prices too reacted to the sinking rupee. Recorded an all time high of over 34 thousand rupees per 10 gms. The opposition meanwhile is quick to lash out at the government and demanded the resignation of the UPA Government.
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On Thursday, the rupee recovered by 31 paise to 67.76 against the dollar after the three-day falling streak on fresh selling of the US currency by banks and exporters.
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On Tuesday today, the rupee was trading lower by 15 paise at 68.22 against the dollar in early trade at the Interbank Foreign Exchange market as the dollar firmed up overseas.
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On Wednesday today, the rupee today lost 6 paise to 68.64 against the dollar in early trade at the inter-bank foreign exchange market due to appreciation of the US currency overseas.
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Disclaimer:
The purpose of this channel is not to support or encourage underage drinking but to provide knowledge of the products we consume. This channel does not promote or sell any alcoholic product. The purpose of this channel is to strictly entertain and inform people about products available on the market. We are strictly against underage drinking and do not support it.
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If you love homestyle cocktails, reviews of Alcohol, Drink knowledge, Bartending and many more then this channel is for you. India is the biggest alcohol consumer in the world. We buy and consume more whiskey in the world than anyone else. This channel helps give information about your favorite drink. How to make fantastic cocktails at ho
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Join Our Bartending School The Spirit Vidyalaya, Call us on 7558204535
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Disclaimer:
The purpose of this channel is not to support or encourage underage drinking but to provide knowledge of the products we consume. This channel does not promote or sell any alcoholic product. The purpose of this channel is to strictly entertain and inform people about products available on the market. We are strictly against underage drinking and do not support it.
About The Channel:-
If you love homestyle cocktails, reviews of Alcohol, Drink kn
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