Rupee trades flat against US dollar in early trade on Friday

2026-08-21 11:59:41 am | Source: Accord Fintech

Rupee trades flat against US dollar in early trade on Friday

News By Tags | #CrudeOil #Rupee #USdollar #RBIGovernor #CurrencyNews #FII #ReserveBankofIndia #SanjayMalhotra #Trade

The Indian rupee was trading flat against the US dollar in early trade on Friday, followed by a weaker American currency in the overseas markets on skepticism over the US Treasury Department's bond buyback plan, while ongoing RBI intervention and weakness in Brent crude oil prices also kept rupee unchanged. Meanwhile, RBI Governor Sanjay Malhotra indicated that the central bank expects at least $80 billion of foreign currency inflows. Foreign institutional investors (FIIs) offloaded equities worth Rs 583.36 crore on a net basis on Thursday, exchange data showed.

The partially convertible currency is currently trading flat at its previous close of 95.74 on Thursday. The currency touched a high and low of 95.7475 and 95.6575 respectively.

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Rupee trades flat against US dollar in early trade on Friday

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