Indian Rupee

The rupee gained 10 paise to 81.96 against the US dollar in early trade on Wednesday tracking the weakness of the American currency in the overseas market. In addition, the Forex traders said significant foreign fund inflows and easing crude oil prices supported the local unit. Moreover, the domestic unit opened at 82.06 against the dollar and rose to 81.96, registering a gain of 10 paise over its previous close.

In the closing market trend, Rupee rose by 23 paise at 79.72 against the US Dollar, on September 8. It witnessed an intra-day high of 79.65 and a low of 79.83 during the session. Furthermore, dollar index, which measures the greenback's strength against a basket of six currencies, fell 0.11% to 109.72.  In addition, the global oil benchmark, fell 0.60% to USD 87.47 per barrel.

In early trade, rupee declined by 12 paise to Rs 79.76 against US Dollar, on August 19. At the interbank foreign exchange, the rupee opened at 79.75 against the US dollar, then fell to 79.76. Furthermore, the dollar index, which gauges the greenback's strength and rose 0.13 per cent to 107.62. Moreover, Sensex was trading 17.07 points higher at 60,315.07, while NSE Nifty was up 15.35 points at 17,971.85.

In trade, the Indian currency hit a new low record at  79.62 with fall of three paise against the US Dollar, on July 13. At the foreign interbank exchange, the rupee opened at 79.55, which later witnessed a depreciation, and closed at 76.62. Furthermore,the BSE Sensex ended 372.46 points or 0.69 per cent lower at 53,514.15, while the broader NSE Nifty fell 91.65 points or 0.57 per cent to 15,966.65.