27-09-2023 11:39 AM | Source: Accord Fintech
Rupee strengthens against US dollar on Wednesday
![](https://portfolio.investmentguruindia.com/uploads/news/c6210ee784192180618e2f6030b3b3d2.jpg)
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 Wednesday, despite foreign fund outflows from the capital markets and surging crude oil prices. Foreign Institutional Investors were net sellers in the capital market as they offloaded shares worth Rs 693.47 crore on Tuesday, exchange data showed. On the global front, US dollar held firm against major currencies overseas as US Treasury yields surge to multiyear highs following hawkish commentaries from some US Federal Reserve officials.
The partially convertible currency is currently trading at 83.20, stronger by 8 paise from its previous close of 83.28 on Tuesday. The currency touched a high and low of 83.2475 and 83.1875 respectively.
Latest News
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
Sell Gold Below 72700 SL Above 72950 TGT 72400/72100...
![](https://portfolio.investmentguruindia.com/uploads/news/Wipro.jpg)
Wipro shares nosedived over 9 pc after missed earnin...
![](https://portfolio.investmentguruindia.com/uploads/news/2b1715f7e03b51b0ac9c014eb224fc1f.jpg)
Economic Survey links mental health disorders with '...
![](https://portfolio.investmentguruindia.com/uploads/news/gdp22.jpg)
India's GDP growth for FY25 to surpass Economic Surv...
![](https://portfolio.investmentguruindia.com/uploads/news/Geojit Financial Services.jpg)
Evening Roundup : A Daily Report on Bullion Energy &...
![](https://portfolio.investmentguruindia.com/uploads/news/Dollar retures 2.jpg)
FIIs stood as net buyers in equities as per July 22 ...
![](https://portfolio.investmentguruindia.com/uploads/news/health22.jpg)
Union Budget: Experts urge government to remove 18 ...
![](https://portfolio.investmentguruindia.com/uploads/news/Arvind Kapil, MD and CEO, Poonawalla Fincorp.jpg)
Poonawalla Fincorp AUM up 52% YoY to Rs 26,972 crore...
![](https://portfolio.investmentguruindia.com/uploads/news/stock8.jpg)
Sensex ends lower ahead of Union Budget 2024-25
![](https://portfolio.investmentguruindia.com/uploads/news/telangana22.jpg)
Major allocations likely for six guarantees in Telan...