Rupee extends losses for third session, breaches 73-mark against US dollar
2 min read

Extending losses for the third straight session, the rupee on Thursday fell by 9 paise to conclusion at 73.06 (provisional) from the US greenback even as the domestic equity markets settled with substantial gains.


Currency trading traders reported the community unit is investing in a narrow vary as buyers appeared to essential US inflation knowledge and European Central Bank meeting later in the working day for further cues.







At the interbank foreign exchange current market, the rupee opened at 72.96 per greenback as towards its preceding close of 72.97.


It hovered in the variety of 72.94 to 73.12 in the course of the day prior to ending at 73.06.


The domestic forex has missing 26 paise in the past three investing classes.


Meanwhile, the greenback index, which gauges the greenback’s energy towards a basket of 6 currencies, rose .09 for every cent to 90.20.


On the domestic fairness market entrance, the BSE Sensex ended 358.83 factors or .69 per cent better at 52,300.47, when the broader NSE Nifty rose 102.40 factors or .65 for each cent to 15,737.75.


Brent crude futures, the international oil benchmark, rose .07 for every cent to USD 72.27 for every barrel.


Foreign institutional traders have been net sellers in the money marketplace on Wednesday as they offloaded shares worthy of Rs 846.37 crore, as per exchange knowledge.
(Only the headline and photograph of this report may possibly have been reworked by the Enterprise Conventional team the relaxation of the content is auto-created from a syndicated feed.)

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