Commodity Market Expert: 10 Paise Weak Open Rupee, Reach 74.46

Commodity Market Expert Told Rupee was also seen weak on Thursday in the rupee against the dollar. Rupee jumped to 74.46 against the dollar due to improved dollar require from banks and exporters. Rupee was 10 paisa lower at 74.31 against dollar today. After some time the refuse has increased It reached the level of 74.46 for the first time.

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On Wednesday, the US stock market has seen the major drop in the past 8 months. Because of this, the dollar has remained stable against other major currencies of the world.

Treasury yields in the US have improved with a clear signal of increased interest rates in the next one year of the US Federal Reserve Federal Reserve. Treasury yields have also got support from better economic data in the US.

Benchmark bond yield dropped to below 4 percent in the domestic market in 10 years, down from 8 percent. Rudra Investment Commodity Market Expert (Forex and Ratings) said in the opening of this week that weakness in the rupee may continue. Rupee is growing to 75 points faster than the dollar. Global and domestic markets are very terrible. As long as the government does not take any major steps, the rupee's go down will be difficult to stop.