INSUBCONTINENT EXCLUSIVE:
Rupee Vs Dollar: The rupee is down 3.17% against the dollar so far this yearRupee Vs Dollar Today: The rupee declined by 16 paise - or 0.22
per cent - to close at 73.64 against the US dollar on Tuesday, amid a mixed trend across Asian currencies
compared to its previous close of 73.48
Analysts say strength in domestic equities and weakness in the US currency overseas limited the fall in rupee.Domestic stock markets moved
higher, a day after official data showed retail inflation in the country eased slightly more than expected in August
as 0.83 per cent to 39,079.30 during the session, whereas the broader NSE Nifty 50 benchmark climbed up 0.83 per cent to 11,534.55."Global
risk sentiment is holding up on hopes of a (COVID-19) vaccine becoming available by the end of 2020," said Abhishek Goenka, founder and CEO
prices rose 6.69 per cent in August, lower than market expectations but still higher than the upper limit of the RBI's tolerance band of
Since a higher print was already expected, the bond market should take the data in its stride," Mr Goenka added.The dollar index - which
coronavirus pandemic weighed
