Dollar vs Rupee: Rupee gains 9 paise to 81.52 against US dollar in early trade

BusinessDollar vs Rupee: Rupee gains 9 paise to 81.52 against US dollar...
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Dollar vs Rupee Rate Today 27 January 2023: The Dollar Index, showing the weakness or strength of the US dollar against the six major currencies of the world, rose by 0.08 percent to 101.92.

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Mumbai:

Dollar vs Rupee Rate: Today i.e. on January 27, Friday, the Indian Rupee rose by 9 paise to 81.52 against the US Dollar during early trade in the interbank foreign exchange market. Expectations of foreign capital inflow in Rs 20,000 crore FPO of Adani Enterprises also supported the domestic currency. Forex traders said a fall in local equities and a rise in the dollar against other currencies limited the rupee’s gains.

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In the interbank foreign exchange market, the rupee (Dollar vs Rupee Today) was trading in the range of 81.50 to 81.58 in early deals after opening at 81.51 per dollar. At the same time, in the last trading session i.e. on Wednesday, the rupee had closed at 81.61 per dollar.

Meanwhile, the dollar index, which shows the strength or weakness of the US dollar against the world’s six major currencies, rose by 0.08 percent to 101.92. Apart from this, the non-global oil index Brent crude futures rose by 0.34 percent to reach the price of $ 87.77 per barrel.

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Despite the good signals received from the global market, the domestic stock market declined on Friday. On the last trading day of the week, the Sensex opened at a level of 60,166.90 with a fall of 38.16 points and the Nifty opened at a level of 17,877.20 with a fall of 14.75. Even after this, selling dominated the stock market.

According to exchange data, on January 25, foreign institutional investors (FIIs) remained net sellers in the capital market. During this, he sold shares worth Rs 2,393.94 crore on a net basis.

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