Rupees Against Dollar : Indian Rupee breaks one paisa against the dollar, crude oil continues to rise

Posted on 28th Jun 2022 01:23 pm by rohit kumar

On Monday, the Indian rupee fell by 1 paise to its lowest level ever at 78.34 (Provisional) against the US dollar. This fall in the rupee has been seen despite the rise in the stock market on Monday.

 

Experts believe that due to the price of crude oil in the international market and foreign institutional investors withdrawing capital from the market, there is constant pressure on the rupee.

 

According to a forex dealer, the rupee remained stable despite the fall due to weakness in the rupee in the international markets. In the interbank forex market, the Indian rupee opened at Rs 78.24 against the dollar, but eventually, it slipped to $78.34. On Monday, its highest level was 78.24 while the lowest level was 78.36.

 

Let us tell you that in today's earlier session, the Indian Rupee closed at 78.33. Let us tell you that on Monday, a bullish trend has been seen in the Indian stock market. Where the climbed 433 points to close at 53161, the Nifty was successful in closing at 15832 with a gain of about 133 points. At the same time, the price of global oil benchmark Brent crude futures has increased by 0.32 percent to USD 113.48 in the international market.

 

Also Read: New Labor Code: Four days a week work, three days rest? Modi government can implement these rules from July 1

Other news

PM Modi: Prime Minister Narendra Modi is now 'Bhaijaan', where and why did Syed Shahnawaz Hussain give him this nickname?

Former Union Minister Shahnawaz Hussain lashed out at Chief Minister Nitish Kumar. He said that N

Suriya: After the dispute between Pawan Kalyan and Karthi was resolved, Suriya reacted, knowing what he wrote in the post

Actor and Andhra Pradesh Deputy Chief Minister Pawan Kalyan was upset after actor Karthi's statem

PM Modi: Health insurance gift to people aged 70 years and above, six crore people will get direct benefit

Prime Minister Narendra Modi will give the gift of health insurance to citizens aged 70 years and

Pakistan: Taliban terrorists first killed policemen, then asked for helicopter to go to Afghanistan

Two policemen taken hostage at an anti-terrorism center in Pakistan's restive Khyber Pakhtunkhwa

Ukraine War: Britain training Ukrainian soldiers, and aims to prepare 20000 personnel by the end of the year

Every day a new twist is being seen in the Russia-Ukraine war that started on February 24 last ye

IND vs SA Day 3 of the first Test: Play will start at 1 pm; Shatakvir Elgar is not out, and South Africa is ahead by 11 runs

The first Test between India and South Africa is being played in Centurion. On the second day, So

Apple: Center will give an incentive of 45 billion to companies like Apple, China's production base will be challenged

The government can give an incentive of Rs 45 billion to foreign electronics companies for making

Five and a half thousand CCTV cameras will be installed on Pakistan and Bangladesh border, Rs 30 crore fund approved

The government has approved a fund of Rs 30 crore for the purchase of surveillance cameras, drone

Google Foldable Phone: Google will launch its first foldable phone! What features will be available, know the full details

Google Pixel Foldable: Google launched Google Pixel 7 Series at an event and along with it Google

Foreign Ministry got angry about Jaishankar's security lapse in London and gave a befitting reply to Britain.

An attempt was made to attack External Affairs Minister S Jaishankar in London. A Khalistan suppo