Indian Rupee: The rupee strengthens by 12 paise, at the top of a week, the support provided by softening crude oil prices

Posted on 26th Jul 2022 02:11 pm by rohit kumar

The rupee on Monday gained 12 paise to close at 79.78 against the dollar. This is the one-week high of the rupee since July 14. A rise in other foreign currencies and a softening in crude oil supported the domestic currency.

 

 

The rupee opened at 79.86 in the interbank foreign exchange market. During trading, it was in the range of 79.70 to 79.87. Dilip Parmar of HDFC Securities said Rupee has started the trading week strongly against the dollar. This also contributed to the softening of crude oil prices and the strengthening of regional currencies.

 

 

Gold was marginally cheaper, silver also slipped by Rs 1,331: In the Delhi bullion market, gold was cheaper by Rs 5 to Rs 51,145 per 10 grams. Silver became cheaper from Rs 1,331 to Rs 54,351 per kg.

 

halts for 6 days, drops 306 points

The continued rally in the domestic stock market for the last six trading sessions came to an end on Monday. Profit-booking in shares of oil-gas, auto, and telecom companies and capital outflow of foreign institutional investors led to the fall in the domestic market. With this, the Sensax closed 306.01 points lower at 55,766.22. Nifty closed at 16,631, down 88.45 points.

 

Also Read: Future Group-Amazon: Shock to Biyani and Amazon, Future Retail declared bankruptcy, order to act on BOI's petition

Other news

Chandu Champion: Karthik was very excited about his role in 'Chandu Champion', the writer shared his experience

Kartik Aaryan is in the news these days for his film 'Chandu Champion'. He is also getting a lot

12th Result: TN 12th Result 2023 Out Tamil Nadu Board 12th result released, 94.03 pass percentage

TN 12th Result 2023 Out Tamil Nadu Directorate of Government Examinations, TN DGE has declared th

Bangladesh Unrest: ‘India cannot intervene, but it can offer advice’; Shashi Tharoor's blunt statement on the violence in Bangladesh.

Congress MP Shashi Tharoor has made important remarks on the lynching of a Hindu youth in Banglad

35 died in an Indore temple accident, innocent took out water from a drowning mother's mouth; corpses were floating near the feet

Indore Temple Accident: I had gone to worship with my mother and Veda (younger sister). Everyone

Moon's atmosphere too? Chandrayaan-2's orbiter gave big 'good news

After the failure of ISRO's Small Satellite Launch Vehicle, now good news has come about Chandray

Rajasthan Girl Anju: Facebook, love, Pakistan, religion change and marriage... Anju's life changed in 6 days; house doors closed

Anju's life completely changed after she went to Pakistan from Bhiwadi in the Alwar district of R

NASA did an amazing feat on the International Space Station, recycling urine and sweat to make potable water

Be it Earth or space, without water man cannot survive anywhere for long. Astronauts i.e. scienti

Post-Budget Webinar: 'India is moving fast in infrastructure construction', the PM said - will become a developed country by 2047

PM Modi in Post-Budget Webinar Prime Minister Narendra Modi has been addressing pre-budget webina

IND vs NZ: 20 years of wait ends in Dharamshala, will India create history in Wankhede? Know what is the record

India (IND), so far unbeaten in the World Cup 2023, will face New Zealand (NZ) on Wednesday. A to

Vaibhav Suryavanshi: 'Sachin also played at a young age...', Srikkanth makes a big demand to the BCCI regarding Vaibhav Suryavanshi.

Former Indian captain Krishnamachari Srikkanth has made a strong appeal to the BCCI regarding you