Home » The rupee fell 16 paise to 72.99 against the US dollar in early trade.

The rupee fell 16 paise to 72.99 against the US dollar in early trade.

The Indian rupee fell 16 paise to 72.99 against the US dollar in Friday's trade, a fall in the US dollar and a muted opening in domestic equities influenced investor sentiment.

In the interbank foreign exchange market, the domestic unit opened at 72.98 against the US dollar, then fell to 72.99 against the US currency, a decline of 16 paise over the previous close.

The rupee had closed at 72.83 against the US currency on Thursday.

“The Indian rupee started this Friday with a weaker dollar against the US dollar and an increase in Treasury yields,” Reliance Securities said in a research note.

Meanwhile, the Dollar Index, which estimates the strength of the greenback against a basket of six currencies, rose 0.04% to 91.67.

The Reliance Securities note said that US Treasury Yields gained on Friday morning with gains in US Treasury Yields.

On the domestic equity market front, the 30-share BSE benchmark Sensex lost 33.44 points to 50,812.64, and the broader NSE Nifty fell 8.75 points to 15,072.

Foreign investors were net sellers in the capital market on Thursday, as they held shares of .11 223.11 crore, according to exchange data.

Brent crude futures, the global oil benchmark, rose 0.94% to $ 67.37 a barrel.

You have reached your limit for free articles this month.

Membership benefits included

Today's paper

Get a mobile-friendly version of the article from the newspaper of the day in an easy-to-read list.

unlimited access

Enjoy reading as many articles as you want without any limitations.

Personal recommendations

A selected list of articles that match your interests and tastes.

Fast page

seamlessly between articles as our pages load instantly.


One-stop-shop to see the latest updates and manage your preferences.


We inform you about the latest and most important events three times a day.

Support quality journalism.

* Our digital subscription plans currently do not include e-paper, crosswords and print.


About the author


Add Comment

Click here to post a comment