On the first day Report By Best Commodity Tips
Provider of the week, a strong rupee was seen in the rupee against the
dollar. This is due to the dollar selling of banks and exporters. In the
morning, the rupee was trading 9 paise higher at 71.22 level.
Foreign exchange market dealers say that the weakness in the
dollar compared to the world's major currencies is visible. Apart from this,
the purchase of foreign funds in the domestic stock market has also received
support from the rupee. However, the weakness of the business in the stock
market is limited to the rupee in the rupee.
Opening the rupee at 71.37 level in the inter-bank foreign
exchange market on Monday. After a while it came to level of 71.44 with
softness. But, afterwards it reached 9 71.22 level with the strength of 9
paise. It closed at 71.31 level against the dollar on Friday.
According to the stock market's Best Commodity Tips
Provider foreign funds bought shares worth Rs 843.73 crore purely on
Friday.
The rupee closed at 71.31 level on Friday. This year, there
is a weakness of about 1.97 percent in the rupee. On the other hand, the dollar
was slightly stronger than the world's major currencies. The domestic stock
market opened weak on Monday.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.