The trend of weakness in the rupee against the dollar remains, in 3 days know how much was said

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Dollar Vs Rupee: Due to the global situation, the Indian stock market is falling and the dollar is continuously increasing, due to which the value of the Indian currency is also being affected. The value of the Indian rupee against the dollar continues to fall. The rupee is trading lower for the third consecutive session. Currently, the rupee has fallen by 6 paise against the US dollar and is currently trading at 83.23. On this situation, forex traders said that the Indian currency is also depreciating due to tension in Middle East countries, rise in crude oil prices and massive selling by foreign investors.

The rupee depreciated for the third day in a row

In the interbank foreign exchange market today, the rupee rose to 83.23 per dollar after opening at 83.19 per dollar in early trade. This is a decrease of 6 paise compared to the previous level. The rupee has declined for the third consecutive day today. In this trading week, the rupee fell by 4 paise on Monday. After this on Wednesday it was reduced by 1 paise. Foreign exchange markets remained closed on Tuesday due to Dussehra. Yesterday, Wednesday, the rupee closed at 83.17 against the US dollar.

Crash in the stock market too

By 11 am today, BSE's Sensex plunged by 780 points, and it was the turn of investors to bear the brunt of the losses. However, the condition of the market has become miserable after a big crash of 242 points in Nifty. Sensex was currently trading around 63250 and Nifty around 18868. That is, 1.30 percent in Sensex and 1.34 percent in Nifty has already been spoken.

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