01-01-1970 12:00 AM | Source: Accord Fintech
Rupee weakens marginally against the US dollar on Wednesday
Indian rupee weakened marginally against the US dollar on Wednesday following hawkish comments from the US Federal Reserve on the rate hike scenario. Further, concerns over rising crude oil prices also dampened rupee sentiments against the dollar. However, positive sentiments in domestic equity markets and weakness in the American currency at overseas markets supported rupee. Foreign Institutional Investors (FIIs) emerged as net buyers in the capital market on Tuesday, as they purchased shares worth Rs 384.48 crore, exchange data showed.
The partially convertible currency is currently trading at 76.19, weakened by 1 paise from its previous close of 76.18 on Tuesday. The currency touched a high and low of 76.20 and 75.99 respectively.
Latest News
5 Reasons Why Married Hearts Flutter
Buy Shyam Metalics and Energy Ltd For Target Rs.762 ...
The evolution of art in luxury hotels
Dussehra tips for patients with breathing problems
Which Investment or Saving is Best for Kids Future b...
Tips and tricks that made sparks fly during the fest...
Indian food services market to reach Rs 10 lakh cror...
Poetry?s role in raising awareness about mental health
The shifting tides of romance
Neutral NOCIL Ltd For Target Rs.260 By Motilal Oswal...