Mixed weather in dollars: Pound retreat
(Gujarat News Office) MUMBAI: The dollar touched a new high of Rs 5 against the rupee in the Mumbai currency market today. The dollar opened at Rs 4.5 this morning with a low of Rs 6.50, after which it bounced back to a high of Rs 4.05 and closed at Rs 2.09. The dollar rose five paise today.
The rupee's impact on the rupee was felt in the currency market today as the stock market initially rose and then fell. However, in the global market, the dollar's index against various major currencies fell to 6.5 from 7.5 today, indicating a decline of 0.04 per cent. Thus, against the backdrop of the dollar in the world market, the price of the dollar rose at home.
Meanwhile, the British pound was down in the Mumbai market today. The pound traded lower by Rs 105.5 to close at Rs 104.5 today, down 19 paise, while the European currency, the euro, fell by Rs 3.05 to close at Rs 4.5 and closed at Rs 4.5. .
The euro weakened by 3 paise today. The Japanese yen was up 0.3 per cent at the end of the day against the rupee today, while the Chinese currency was last trading with a marginal decline of 0.01 per cent against the rupee, market sources said.
New home sales figures in the US have been good. Home prices have also risen there. The impact of the strength of crude in the world market was seen on the domestic rupee. Market players were also keeping an eye on the meetings of central banks in different countries of the world.
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