In the last three sessions, the Indian currency has increased by 46 paise against the US currency.
With the rise in crude oil prices for the third consecutive day on Friday, the Indian rupee gained 12 paise to close at 72.79 against the US dollar at 72.79.
In interbank foreign exchange, the Indian unit opened at 72.66 but made some gains as the business grew and closed the session at 72.79 – showing a 12 paise rise in the dollar.
In the last three sessions, the Indian currency has increased by 46 paise against the US currency.
The foreign exchange market was closed on Thursday due to ‘Mahashivratri’.
Meanwhile, the Dollar Index, which estimates the strength of the greenback against a basket of six currencies, rose 0.57% to 91.94.
Brent crude futures, the global oil benchmark, fell 0.13% to $ 69.53 a barrel.
On the domestic equity market front, the BSE Sensex lost 487.43 points, or 0.95%, to close at 50,792.08, while the broader NSE Nifty closed 143.85 points, or 0.95%, down at 15,090.95.
Foreign Institutional Investors were net sellers in the capital market on Wednesday, as they held shares worth 915.69 crore, according to exchange data.
.
Add Comment