Rupee falls by 13 paise to close at an all-time low of 78.17 against the US dollar

Author: Nishu June 15, 2022

Rupee falls by 13 paise to close at an all-time low of 78.17 against the US dollar

Global oil benchmark Brent crude futures fell 1.07% to $119.87 a barrel

Global oil benchmark Brent crude futures fell 1.07% to $119.87 a barrel

The rupee on Wednesday fell 13 paise to close at a new all-time low of 78.17 (provisional) against the US dollar, as easing in domestic equities and persistent foreign fund outflow weighed on investor sentiments.

At the interbank forex market, the local currency opened at 77.99 and finally closed at its all-time low of 78.17, down 13 paise from its previous close of 78.04.

Gaurang Somaiya, Forex & Bullion Analyst, Motilal, said, “Expected US central bank may raise rates by 50 bps. Hawkish comments may support the dollar at lower levels. Major crosses remain under pressure after broad gains in dollar.” ” Oswal Financial Services

“We expect USD-INR to trade sideways and bid in the range of 77.70 and 78.40,” Mr. Somaiya said. The dollar index, which gauges the greenback’s strength against a basket of six currencies, fell 0.64% to 104.84.

Global oil benchmark Brent crude futures fell 1.07% to $119.87 a barrel.

On the domestic equity market front, the BSE Sensex ended 152.18 points or 0.29% lower at 52,541.39, while the broader NSE Nifty ended 39.95 points or 0.25% lower at 15,692.15.

According to stock exchange data, foreign institutional investors continued their selling by selling shares worth a net ₹4,502.25 crore on Tuesday.

Author: Nishikant

My name is Nishikant, I work as Sub Editor at

15 June, 2022, 4:27 pm

News Cinema on twitter News Cinema on facebook

Wednesday, 15th June 2022

Latest Web Stories

More Stories
Martyrs Day: Salute the sacrifice of our soldiers with these wishes, quotes and meaningful messages Shahid Diwas
WSU frat boy, 19, is found dead in his dorm just 10 miles from scene of Idaho quadruple murders
Strong 6.1 Magnitude Earthquake Hits China’s Xinjiang; No Casualties Reported so far
Zee News: Latest News, Live Breaking News, Today News, India Political News Updates
Lisa Loring, the original Wednesday Addams, dies at 64 following ‘a massive stroke’
TikTok trend of tourists risking Bali Belly by drinking tap water sparks warning by Aussie expat
Viral: Taiwanese troupe’s power-packed performance in Kala Chashma at Wedding leaves the internet mesmerized, watch video
Dem. Maxine Waters calls Kyrsten Sinema ‘that woman from Arizona’ in wake of Tyre Nichols’ murder
British tourist slams Australia as ‘just too nice to live in’ and blasts ‘trivial inconveniences’
Harry Styles will perform at the 2023 Grammys
A Too-Early Look at the Super Bowl Matchup
French actress Marianne Borgo has alleged that she is a hostage at home in Goa
Migrants are LOCKED OUT of NYC hotel and ordered to head to Brooklyn
With a Snowless January, New York Will Break a Record
What We Learned from the NFL’s Conference Championship Games
Damian Lillard Has Stuck With Portland For 11 Years. What Kind of Star Does That?
Jim Jordan: Training would NOT stop five Memphis cops who killed Tyre Nichols
Alice Springs Aboriginal youths spit on and attack white pub patrons
Sonam Kapoor misses her dating days with hubby Anand Ahuja and drops the adorable picture
How Patrick Mahomes Led Kansas City Back To The Super Bowl
Harry and Meghan Archewell Foundation raised $13m and donated $3m helped buy 12.6m COVID vaccines
Ryan Reynolds signs autographs for fans as he arrives in Wales for Wrexham vs Sheffield United
Priyanka Chopra Shares Dramatic Selfies From Her Room, Actress Looks Glamorous For Hollywood Party
Pentagon top brass want to send F-16 FIGHTER JETS to Ukraine in bid to crush Putin
Top eight contenders for NASA’s 2024 Artemis II mission that will see rocket orbit the moon
The other helicopter trip that changed the Outback Wrangler’s life
Pathan fever: Fans chant ‘Shah Rukh’ as ​​Deepika Padukone watches Gaiety Galaxy- WATCH
‘It Would Only Take a Minute’: Boris Johnson Claims Vladimir Putin Threatened UK With Missile Attack
Annie Wersching, Star of ‘Star Trek: Picard,’ Dies at 45
Megyn Kelly mocks Jill Biden after first lady was referred to as ‘doctor’ by football game announcer
Pathan: People create ruckus outside a Mumbai cinema, holding flags and chanting ‘Jai Shri Ram’
Texas grandma shares incredible dashcam footage from inside the eye of a TORNADO that struck her SUV
Bigg Boss 16: Archana Gautam slams Shalin Bhanot for his behavior after Tina Dutta’s exit
Sacked Tory chairman Nadhim Zahawi aims at the media – as Rees-Mogg pushes Boris Johnson for job
Harry and Meghan supported by Nelson Mandela’s granddaughter as she slams Daily Telegraph story
Sky News host Chris Smith celebrates 50 days sober after getting sacked amid Christmas party scandal
Scorpion Unit Emerged as Memphis Pursued Get-Tough Strategy
Vladimir Putin’s ‘threat to kill Boris Johnson’ in run-up to Ukraine war
Six unanswered questions Tire Nichols why did police pull him over did they know him cause of death
Gregory Allen Howard, Screenwriter of ‘Remember the Titans,’ Dies at 70
With pestering defense and a balanced offense, the Eagles get back to the Super Bowl.
Stunning seven-bedroom California home designed by architect Frank Lloyd Wright on sale for $4.25M