Tuesday, 04 October 2022



LATEST NEWS Kuljit Singh Randhawa inaugurates District Level Kisan Mela and Exhibition Vigilance arrests Inspector Punsup for taking bribe Jagat Prakash Nadda and Jai Ram Thakur visits AIIMS at Kothipura Tanzanian social media influencer Kili Paul all set to enter 'Bigg Boss 16' Administration Gear-up to tackle the issue of Stubble burning Women's T20I Player Rankings : Jemimah Rodrigues jumps four places to reach eighth position Legends League Cricket : Mohammad Kaif recreates memory of Pakistan match, netizens go crazy AAP slams BJP for not releasing pending dues of sugarcane farmers in Gujarat and UP Ranveer Singh releases DSP's first non-film Hindi track 'O Pari' Sharvi Yadav reacts to success of her songs 'The Hic Song', 'Step Copy' Uttarkashi Avalanche : 10 mountaineers killed, 8 climbers rescued so far IAF instructed to mount rescue operation in Uttarakhand : Rajnath Singh #FlipkartDoglaHai Trends On Twitter After Flipkart Starts Cancelling Orders, Delay In Shipping & Blocking Accounts World leaders labelled Imran Khan 'rude, liar and narcissist': Shehbaz Sharif 11 killed in Vadodara as truck collides with autorickshaw Will continue the hard work to further improve my game : hockey forward Mumtaz Khan Google probing why can't some Pixel owners use Android Auto Kajal and Zorawar Singh conferred with Miss and Mr Fresher 2022 titles at CGC Landran Amitabh Bachchan says people should inculcate discipline akin to that of the Indian army Assam : Drugs worth Rs 1 cr seized, three arrested 3 students drown, 2 missing on Andhra Pradesh beach


Rupee depreciates 12 paise to close at 79.64 against US dollar

Khas Khabar, Mumbai, Rupee, Indian Rupee, Dollar, US Dollar

Web Admin

Web Admin

5 Dariya News

Mumbai , 11 Aug 2022

The Indian rupee depreciated 12 paise at close on Thursday after reversing early gains due to sharp rise in crude oil prices.At the interbank foreign exchange market, rupee ended at 79.64, after opening strong at 79.2225 from its previous close of 79.52.

The Brent crude oil prices in the international market has risen sharply and at the close of Indian market hours, it was $98.39 a barrel, up 1.02 per cent.The rupee appreciated in the early trade after the US inflation data for July came in below the estimates, raising hopes that the Federal Reserve may not be that aggressive in hiking interest rates in its next meeting.

"The lower US CPI print did trim the odds of a 75 bps rate hike in September with DXY cooling off below 105.00 levels. But the lower inflation figure is purely because of cooling off in oil & gas prices last month. Food and shelter costs still continues to be sticky.

"Thus on the contrary of data, Fed members continue to have their hawkish stance in place and still believe inflation is still unacceptably high," said Kunal Sodhani, Vice President, Global Trading Centre, Shinhan Bank.

Meanwhile, Sensex ended up 515.31 points or 0.88 per cent at 59,332.60, while Nifty ended 124.25 points or 0.71 per cent higher at 17,659.00 on Thursday.


Tags: Khas Khabar , Mumbai , Rupee , Indian Rupee , Dollar , US Dollar



related news




Photo Gallery



Video Gallery



5 Dariya News RNI Code: PUNMUL/2011/49000
© 2011-2022 | 5 Dariya News | All Rights Reserved
Powered by: CDS PVT LTD