The British pound jumped to the level of Rs 102

(Gujarat News Office) MUMBAI: The dollar weakened against the rupee in early trade today. In the world market, however, there was news of a rise in the dollar index against various major currencies.

The players were now keeping an eye on the Federal Reserve's annual conference in the United States on Friday. In the Mumbai currency market, the dollar opened at Rs 4.5 in the morning with a low of Rs 4.5 and closed at a low of Rs 2.15 and a high of Rs 4.5 to Rs 4.5. The dollar had lost three paise overall today.

Meanwhile, in the global market, the dollar index, which had a range of 7.5, was at a low of Rs 4.31 today and a high of 6.5 to 7.5. The dollar index was up 0.05 per cent today. Meanwhile, in the futures market of currencies in the world market, there were reports that players in various Asian currencies have reduced their bearish positions.

Meanwhile, in the Mumbai currency market, the British pound opened at Rs 101.15 with an opening price of Rs 101.81, then fell to a low of Rs 101.5 and rose to a high of Rs 106.15. The pound rose 12 paise today. The European currency, the euro, opened at Rs 6.5 against the rupee today, closing at Rs 4.5, a low of Rs 4.81 and a high of Rs 4.31.

The euro rose 15 paise today. However, the Japanese yen depreciated against the rupee today and closed at minus 0.15 per cent at the end of the day. The Chinese rupee depreciated against the rupee to close at minus 0.15 per cent today, currency market sources said.