14-09-2023 11:57 AM | Source: Accord Fintech
Rupee strengthens against US dollar on Thursday
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Indian rupee strengthened against the US dollar on Thursday tracking firm domestic equities and as higher-than-expected US inflation data fuelled expectations that the US Federal Reserve would not raise interest rates at its meeting next week. However, elevated crude oil prices and foreign fund outflows limited further gains in rupee. Foreign Institutional Investors were net sellers in the capital market on Wednesday as they offloaded shares worth Rs 1,631.63 crore, exchange data showed.
The partially convertible currency is currently trading at 82.97, stronger by 4 paise from its previous close of 83.01 on Wednesday. The currency touched a high and low of 82.98 and 82.93 respectively.
Latest News
Honda kickstarts its Women empowerment initiative `...
Cadyce registers exceptional 25% Y-o-Y revenue growt...
Monthly Auto Sales - April 2024 By ARETE Securities Ltd
Trane Technologies Reports Strong First Quarter Resu...
HCLTech partners AWS to accelerate GenAI adoption
Unity Small Finance Bank Limited Q4FY2024
Birla Corporation soars on reporting over 2-fold jum...
Siguler Guff invest Rs 240 crore in Hyderabad-based ...
Square Yards Announces FY24 Financial Results with I...
Kotak Institutional Equities: ESG - PWM rules: How v...
