The rupee fell to a one and a half year low

Unemployment claims in the US fell to a 30-year low and the dollar rose

(Gujarat News Office) MUMBAI: The rupee weakened further against the dollar in early trade today as the dollar strengthened against the dollar in early trade. The rupee also weighed on the rupee as the market remained in the red at the end of the day after a two-way rebound in the stock market. In the US, the jobless rate has dropped to a 20-year low, while the job market has strengthened to a 30-year low.

In the Mumbai currency market, the rupee opened at Rs 4.5 in the morning trade and touched a low of Rs 4.5 and a high of Rs 4.5. The dollar had gained another 3 paise today. The rupee fell to a one-and-a-half year low. Rising overseas outflows from the stock market also had an effect on the rupee.

Such dollar prices were earlier seen in June 2020. At the time of writing, the market was watching US inflation figures. Meanwhile, the global dollar index was up 0.05 per cent today at 5.05 to 7.5.

Meanwhile, the British pound was trading at Rs 100.15 to Rs 100.15 against the rupee today. The European currency, the euro, was trading 15 paise higher at Rs 4.5 to Rs 7.5. The Japanese yen rose 0.15 per cent against the rupee today. China's currency jumped 0.4 percent today.

The euro was trading at a high of Rs 4.5 to Rs 4.5. Unemployment claims in the United States dropped from 3 million to 1 million, according to the news.

There, such jobless claims have fallen to a 30-year low and the dollar market has seen a rise in global markets as job markets have strengthened, market analysts said. Market players were watching what signs of an interest rate hike are being given at the US Federal Reserve's meeting next week.