Further strengthening of the rupee against the dollar

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(Gujarat News Office) MUMBAI: The dollar weakened against the rupee in early trade today. However, there were reports of a rise in the dollar index against various major currencies in world markets. The rupee had strengthened against the dollar in early trade despite a sharp fall in the Bombay Stock Exchange today.

In the currency market, the dollar today touched Rs. 9.15 in the morning Rs. After opening at 9.10, the highest price is Rs. 2.5 and below Rs. 8.10 to Rs. It was closing at 3.15. The dollar was three paise softer today.

However, in the global market, the dollar index, which was 2.8, rose to 8.71 today from 7.5. The dollar index was up 0.15% today. The dollar index rose in world markets today ahead of job growth figures in the US. The index has risen about 0.50 per cent this week.

Meanwhile, the British pound traded at Rs. After opening at 103.15 at the beginning of 104.5, the price touched a high of Rs. 104.5 and below Rs. 108.15 to Rs. It was closing at 108.15. The pound fell 3 paise today. The European currency, the euro, is trading at Rs. 2.5 this afternoon at Rs. After opening at Rs. After 7.5, the lower price is Rs. 2.5 to Rs. It was closing at 7.5.

Thus, against the rupee, the dollar, British pound and euro saw a universal reversal today. Meanwhile, against the rupee, the Japanese yen was down 0.21 per cent at the end of the day, while the Chinese currency was down 0.15 per cent. Overall, the rupee rose against various major currencies today.

Meanwhile, New Zealand’s currency in the world market saw a significant rally this week. New Zealand's currency was seen bouncing around the world market amid rising employment and speculation that market rates would rise there. Market players were watching the economic data of Australia and Germany.

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