Rupee Closes At 68.83 Against Dollar

INSUBCONTINENT EXCLUSIVE:
close at 68.83 against the US dollar amid sustained buying by foreign investors in domestic equity markets and lower crude prices
However, the local currency remained cautious ahead of the US Federal Reserve policy decision on Wednesday
Brokers said foreign fund inflows in the debt and equity markets helped the rupee recover
opened lower at 69.11 a dollar and gained to touch the day's high of 68.72
It finally settled at 68.83 per dollar, up 13 paise over its previous close
bought shares worth a net of Rs 1,771.61 crore on Wednesday, while Domestic Institutional Investors (DIIs) were net sellers to the tune of
crude, the global oil benchmark, was trading at $67.39 per barrel, lower by 0.33 per cent
On the equity front, the 30-share Sensex continued its winning run for the eighth consecutive session on Wednesday
The 30-share index closed at 38,386.75, registering a rise of 23.28 points, or 0.06 per cent
(FBIL) set the reference rate for the rupee/dollar at 68.8604 and for rupee/euro at 78.1446
The reference rate for rupee/British pound was fixed at 91.2846 and for rupee/100 Japanese yen at 61.72.Get the latest election news, live
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