The Japanese currency rose from a 32-year low against the dollar

Mumbai: The Mumbai currency market was closed today amid a holiday mood. Amid Diwali festival, the presence of the market increased and the closed market was closed for private business. Meanwhile, there was news that the price of the Japanese currency yen against the dollar in the world market continued to rebound today.

According to the experts of the world market, after the Japanese currency against the dollar recently fell to a 32-year low, the Japanese government has started an operation in the currency market to save its currency, and as a result, there were indications that the Japanese currency was seen rising from the bottom. The Japanese currency was traded at 145.28 against the dollar after a low of 149.70.

However, the price remained at 148 thereafter. Prior to this, last week, the Japanese currency fell to a 32-year low against the dollar at 151.94. The Japanese currency has fallen about 22 percent against the dollar this year. The Bank of Japan recently received instructions to intervene in the currency market for the first time since 1998.

The global global index fell to 111.87 today after rising the Japanese currency. The prices of the British pound against the dollar in the world market were also raised today. The pound was seen rising as political instability eased in Britain.

However, prices of Europe's currency, the euro, were pointing to remain soft against the dollar today. As the current president's position in China became stronger in recent moves, there were indications that the Chinese currency was also strengthening against the dollar in the world market.