By laksh5382 
Rupee Integrated in a narrow-range and settled for less than 8 money on 85.23 (provisional) against the US dollar on Tuesday, as the support of positive domestic equities was denied by investors by dollar short-coating.
Forex traders said that foreign fund inflow supported the domestic unit. However, a recovery in crude oil prices affected the investor spirit.
In addition, concerns remained on economic headwinds from tariffs and American monetary policy that can reduce demand.
On interbank Foreign currencyThe domestic unit opened at 85.11 and went between 85.07’s intra-day high and lower levels of 85.23 against Greenback.
The unit finished the session at 85.23 (provisional), recording a loss of 8 money at its previous closing level on Tuesday, with a streak of streak for five straight sessions.
On Monday, the rupee appreciated 23 money to settle at 85.15 against the US dollar.
In the last five trading sessions, the Indian currency had added 155 money against Greenback since the conclusion of 86.68 on 9 April.
“We hope that the rupee and fresh FII flow to trade with a positive bias on the increase in risk of risk in global markets.
Meanwhile, the dollar index, which detects the strength of greenback against a basket of six currencies, was trading more than 0.08 percent at 98.35.
Global Oil Benchmark Brent crude, futures increased by 1.52 percent to $ 67.27 per barrel.
In the domestic equity market, the 30-cheer BSE Sensex climbed 187.09 points, or 0.24 percent, settled at 79,595.59, while the Nifty rose 41.70 points, or 0.17 percent to 24,167.25.
Foreign institutional investor (FII) According to the exchange data, on Monday, purchased equity worth 1,970.17 crore on a pure basis.
Published on 22 April 2025