The rupee went up by 12 paise and closed at 81.67 against the dollar, on 22 November. The global oil benchmark, Brent crude futures too went down 0.08 per cent to USD 88.29 per barrel
The Indian rupee fell 14 paise to 81.81 against the US dollar during early trade on 23 November. This came after American currency showed strong position and sustained foreign fund outflows.
The domestic unit started at 81.81 against the dollar. It had registered a loss of 14 paise during its previous close, at the interbank foreign exchange.
The rupee went up by 12 paise and closed at 81.67 against the dollar, on 22 November.
At the same time, the dollar index fell 0.06 per cent to 107.16, The index measures the greenback’s strength against a basket of six currencies.
The global oil benchmark, Brent crude futures too went down 0.08 per cent to USD 88.29 per barrel.
Experts believe that the rupee may witness sideways action amid cautiousness in the markets. This came after the fears of a return to stricter COVID restriction measures in China, which weighed on Asian currencies, according to the experts.
The 30-share BSE Sensex traded at 84.13 points or 0.14 per cent up at 61,503.09. At the same time, broader NSE Nifty was higher by 33.30 points or 0.18 per cent at 18,277.50, in the domestic equity market
Foreign Institutional Investors (FIIs) sold shares worth Rs 697.83 crore, resulting in being the net sellers in the capital markets on 22 November, revealed the exchange data.