The rupee rebounded against the dollar as crude oil prices fell overnight

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(Gujarat News Office) MUMBAI: The rupee was on a sharp decline in the Mumbai currency market today against the dollar. The global dollar index was also retreating today against various major currencies in world markets.

Meanwhile, a sharp fall in crude oil prices by about 3 to 4 per cent in overnight trade also had a positive effect on the rupee in the Mumbai currency market today, market analysts said. In the Mumbai market, the dollar opened at Rs 4.5 against the rupee in the morning today. After hitting a high of Rs 4.5 in the morning, the price fell to a low of Rs 4.5. Were living.

The dollar fell 3 paise overall today. Meanwhile, in global markets, the dollar index touched a low of 6.05 and a low of 7.50 to 7.5. The dollar index fell 0.1 per cent today.

Though the Mumbai Stock Exchange (BSE) continued its slump today, the rupee appreciated in the currency market as it rose instead of depreciating further. Meanwhile, the British pound fell sharply below Rs 103 today. Cases of the new corona virus have been on the rise in Britain.

In the Mumbai currency market, the British pound opened at Rs 103.50 against the rupee today, after opening at Rs 103.5 and then hitting a high of Rs 106.5. Were.

The British pound fell 108 paise today. Europe's currency, the euro, was also soft today. The euro opened at Rs 4.50 in the morning, then touched a high of Rs 2.50, then fell to a low of Rs 4.5 and closed at Rs 4.05.

The euro fell 19 paise today. The Japanese yen was up 0.05 per cent against the rupee at the end of the day, while the Chinese currency was down 0.15 per cent against the rupee. News of the increase in safe haven buying in Japanese currencies in the world market came from overseas as the new corona infestation increased globally.

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