The rupee on Tuesday opened lower by 13 paise at 79.58 against the US dollar in the interbank foreign exchange market.
Rupee fell against US dollar.
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- On Tuesday, the rupee opened lower by 13 paise at 79.58 against the US dollar.
- Rupee on Monday closed at a record low against the US dollar
- Rupee closed at 79.43 per dollar in local session
The rupee fell to a low of 79.58 against the US dollar in early trade on Tuesday as foreign portfolio outflows from domestic equities continued and a broadly stronger greenback weighed on the currency despite intermittent dollar selling interventions. Happened.
The rupee on Tuesday opened lower by 13 paise at 79.58 against the US dollar in the interbank foreign exchange market.
came after Rupee closes at record low against US dollar on Monday.
The partially convertible rupee closed at 79.4375/4475 per dollar in the local session, as against 79.25 on Friday. The unit touched its lifetime low of 79.44 during the session, surpassing its previous low of 79.3750 last week.
On the domestic equities front, Sensex fell 0.41 per cent or 220.54 points at 54,174.69, Nifty fell 0.47 per cent or 76.60 points to end at 16,139.40.
The Reserve Bank of India (RBI) last Wednesday announced a slew of measures to bring in the dollar, including allowing foreign investors to buy short-term corporate debt and open more government securities under a fully accessible route.
Read also | Rupee Vs Dollar: What To Expect In The Coming Months?
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