A sharp fall in the dollar against the rupee
(Gujarat News Office) MUMBAI: The dollar depreciated sharply against the rupee in early trade today. 8 had landed inside. The British pound and the European currency, the euro, also lost ground against the rupee today. The rupee was seen bouncing in the currency market as the stock market rebounded.
However, the dollar index against various major currencies in the world market was showing a slow decline between the two-way fluctuations.
In the Mumbai currency market, the dollar today touched Rs. Initially with Rs. 3.15 After opening, the highest price is Rs. After 8.30, the price fell sharply to Rs. 2.5 to Rs. The dollar was down 3 paise today.
Unemployment claims have risen in the United States, but GDP figures have been weaker than expected. The dollar's global index was 4.05 against 4.05 today. The dollar index was down marginally by 0.08 per cent today.
Meanwhile, the British pound and the euro fell in the Mumbai market today. The British pound traded at Rs. 106.05 crore at the beginning of today. 101.5 after opening, the price rose to Rs. 101.5 and below Rs. 101.05 to Rs. It was closing at 101.05. The pound fell 100 paise today.
The euro is priced at Rs. At the beginning of today with Rs. After opening Rs. 2.5 to Rs. It was closing at 3.4. The euro fell 3 paise today.
The Japanese yen was trading at 0.8 per cent lower against the rupee at the end of the day, while the Chinese currency was finally trading at 0.8 per cent lower against the rupee, currency market sources said. Currency market players were watching the Federal Reserve's annual conference in the US today.
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