Monday, March 8, 2021
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Rupee edges 3 paise higher at 73.13 in opening trade

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The greenback index gained 0.02% to 93.07.

The Indian rupee traded with reasonable good points of 3 paise at 73.13 in opposition to the U.S. greenback in the opening session on Monday, monitoring softer crude oil costs and sustained shopping for in home equities.

The home unit began off the session on a powerful observe at 73.10, up 6 paise, however ceded some floor as trade progressed and quoted 73.13 a greenback at 1020 hours.

The home forex had settled 8 paise higher at 73.16 a greenback on Friday after the Reserve Bank saved key rates of interest unchanged whereas retaining an accommodative stance.

On a weekly foundation, nevertheless, the home forex had misplaced 3 paise to the U.S. greenback.

Global crude oil benchmark Brent was buying and selling 0.84 per cent decrease at 42.46 a barrel.

Meanwhile, the greenback index, which gauges the buck’s power in opposition to a basket of six currencies, gained 0.02% to 93.07.

On the home fairness market entrance, the BSE Sensex was buying and selling 246.06 factors up at 40,755.55; and the NSE Nifty was 58 factors higher at 11,972.

Foreign traders had offloaded Indian equities price a web ₹39.39 crore on Friday, alternate information confirmed.

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