Depreciation of dollar and euro against rupee

(Gujarat News Office) Mumbai:

In the Mumbai currency market, the dollar closed lower today on the back of a two-way exchange rate against the rupee. After opening at Rs 4.5 against the dollar at Rs 4.51 this morning, the price rose to a high of Rs 4.5, then fell to a low of Rs 3.15 and finally closed at Rs 3.15. The dollar had lost two paise against the rupee today.

Despite the downtrend in the stock market today, the rupee remained strong in the currency market instead of depreciating, market sources said. Meanwhile, the global dollar index against various major currencies in the global market, which is 41.9, was at a high of 51.8 and a low of 31.50 to 61.8.

The dollar index remained at minus 0.08 per cent in the global market today, which had an impact on the dollar in the Mumbai currency market today. Meanwhile, the Chinese currency, the yuan, remained weak against the dollar in global markets today. The People's Bank of China received news of increased liquidity by pouring 50 billion yuan into the financial markets there through open market operations.

Although the British pound rallied against the dollar in global markets today, the fall in the pound in June would be the biggest fall in nine months, currency market analysts said today.

Meanwhile, in the Mumbai market, the European currency, the euro, opened at Rs 4.50 in the morning against the rupee and closed at Rs 4.5 after hitting a high of Rs 4.5 and a low of Rs 4.5. . The euro was three paise lower against the rupee today.

In the Mumbai market today, the British pound opened at Rs 105.15 against the rupee, opened at Rs 105.15, then dropped to Rs 105.05, then jumped to a high of Rs 106.5 and closed at Rs 105.5 at the end of the day. Were. The British pound gained seven paise against the rupee today. Meanwhile, the Japanese yen was up 0.05 per cent at the end of the day against the rupee today.