26.2 C
New York
HomeTop Global NewsMarketsINR Settles Higher As Greenback Pauses Rally | Capital Market News

INR Settles Higher As Greenback Pauses Rally | Capital Market News

The Indian rupee appreciated 11 paise to settle at 83.46 (provisional) against the US dollar on Monday, supported by a positive trend in domestic equity markets and stable global crude oil prices. The benchmark S&P/BSE Sensex edged up 131.18 points, or 0.17 percent, to 77,341.08 while the broader NSE Nifty index closed at 23,537.85, up 36.75 points, up 36.75 points, or 0.16 percent, from its previous close. US dollar giving up some of its gains against major rivals overseas on Monday also helped the rupee. However, weak Asian markets and renewed geopolitical tensions in the Middle East capped sharp gains. At the interbank foreign exchange market, the local unit opened at 83.52 and hit the intraday high of 83.44 against the greenback during the session.

Powered by Capital Market – Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

First Published: Jun 24 2024 | 5:14 PM IST

Source link

latest articles

explore more


Please enter your comment!
Please enter your name here