The currency jumped as the Bank of Japan hinted at raising interest rates

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Mumbai: In the Mumbai currency market today, dollar prices against the rupee closed with a slow correction after a two-way fluctuation. Bucket price Rs. 82.71 this morning at Rs. 82.66 opened at the low price today after the high price of Rs. 82.89 to Rs. 82.75 was closed. The rupee fell by four paise today.

Meanwhile, there were indications that the global index of the dollar against various major currencies in the world market was under pressure today and at one point the global index had broken down to within 104. This global index of the dollar was pointing to be 103.94 to 104.04 after reaching a high of 104.79 today.

According to world market news, the Bank of Japan in Japan has signaled to pursue a policy that would be conducive to growth in long-term interest rates. There was news of bond yields rising within a two-pronged range.

Following this, there were indications that the price of the Japanese currency yen rose against the dollar in the world market and reached a four-month high. The Japanese currency rose by 2.60 percent today.

Today, the British pound fell by 47 paise against the rupee. Pound prices lower to Rs. 100.16 to Rs. It was 100.54. However, today the price of Euro, the currency of Europe, increased by 22 paise against the rupee. The price of Euro rose to Rs. 88.05 to Rs. It was 88.03. Meanwhile, the Japanese currency yen rose by 3.22 percent against the rupee today. The Chinese currency was 0.28 percent plus against the rupee.

Forex rate (in rupees)

dollar

+04 money

82.75

pound

-47 money

100.54

Euro

+22 paise

88.03

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