By laksh5382 
Rupee Being a firm and appreciated 26 money against the US dollar in early trade on Wednesday and on Wednesday on the back of foreign capital, a weak American currency and low -scale flow of low crude oil prices.
Forex traders stated that the positive macroeconomic number that came from American mutual tariffs on heels of 90-day repetition came on heels, adding strength to local currency by foreign investors, shopping in domestic equities.
In the interbank foreign currency, the domestic unit went on to trade at 85.66 to trade at 85.54 against Greenback in early deals, more than 26 money higher than the previous closing level.
The rupee discontinued the Tuesday session, with an increase of 30 money against the dollar. This was a rapid increase in 58 money in the previous session on Friday.
Dr. The foreign exchange markets were closed on Monday due to Baba Saheb Ambedkar Jayati.
Meanwhile, the dollar index, which detects the strength of greenback against a basket of six currencies, was trading 0.47 percent less at 99.49, seen on 1 March 2022.
Global Oil Benchmark Brent crude fell 0.36 percent at a four -year low of $ 64.44 per barrel in futures trade. Crude first hit this level in April 2021.
In the domestic equity market, the 30-shire BSE Sensex fell at 118.02 points or 0.15 percent, 76,616.87, while the Nifty declined 41.10 points or 0.18 percent, at 23,287.45. Both indices closed the Tuesday’s session more than 2 percent.
According to exchange data, foreign institutional investors (FII) on Tuesday bought equity worth 6,065.78 crores on a pure basis.
The latest government data released on Tuesday revealed that the wholesale price inflation in the country has declined by 2.05 percent at a 6 -month low in March as the prices of vegetables, potatoes and other foods have declined.
Retail inflation in March decreased by 3.34 percent at a six-year low due to a fall in prices of vegetables and protein-rich goods.
Another set of data showed that India’s exports became positive after four months, the marginal growth of 0.7 percent in March increased to $ 41.97 billion, while overall exports of goods and services have crossed a high level of $ 820 billion in the last financial year despite global economic uncertainties.
Published on 16 April 2025