The rupee depreciated by 6 paise to shut at 73.02 (provisional) in opposition to the US greenback on Monday, monitoring a rebound within the American foreign money abroad.On the interbank foreign exchange market, the home unit opened at 72.89 in opposition to the US greenback and witnessed an intra-day excessive of 72.84 and a low of 73.15.
The native unit lastly settled at 73.02, registering a fall of 6 paise over its earlier shut, even because the home fairness market settled with vital good points on Finances day.On Friday, the rupee had closed at 72.96 in opposition to the American foreign money.
In the meantime, the greenback index, which gauges the buck’s energy in opposition to a basket of six currencies, rose 0.21 per cent to 90.78.On the home fairness market entrance, the BSE Sensex ended 2,314.84 factors or 5 per cent increased at 48,600.61, whereas the broader NSE Nifty superior 646.60 factors or 4.74 per cent to 14,281.20.
International institutional traders have been internet sellers within the capital market as they offloaded shares price Rs 5,930.66 crore on Friday, in keeping with trade information.Brent crude futures, the worldwide oil benchmark, superior 0.84 per cent to USD 55.50 per barrel.
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