The rupee fell to close at Rs 76
(Gujarat News Office) MUMBAI: The dollar rose again to close at Rs 5 against the rupee in the Mumbai currency market today. The rupee also depreciated against the dollar in the currency market amid a slump in the stock market. The dollar opened at Rs 4.5 in the morning and touched a low of Rs 4.5 and a low of Rs 4.5. The dollar rose 3 paise today. Meanwhile, according to market speculation, if the dollar appreciates above Rs 5, it is likely that state-owned banks will start selling dollars at the behest of the RBI. The US Federal Reserve meeting began on Tuesday and will end on Wednesday (today) and the market was now keeping a close eye on the meeting's views on raising interest rates and reducing bond buying. Apart from the US, the players were also watching the meetings of Bank of England, Bank of Japan and European Central Bank. Globally, the growing infestation of Omicron virus has also had a negative impact on the rupee. In the Mumbai market, charts were also showing the ...