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Rupee declines to fresh 1-month low of 67

Rupee declines to fresh 1-month low of 67.54

Fri June 08 2018

 

The rupee declined by 42 paise to hit a fresh 1-month low of 67.54 per dollar in early trade due to appreciation of the American currency overseas and foreign fund outflows. Besides, weakness in the domestic stock market weighed on the rupee.

 

Forex dealers said increased demand for the US currency from importers and its gains against other currencies overseas put pressure on the rupee.

 

Yesterday, the domestic unit had ended lower by 20 paise to 67.12 as a revival in global crude prices renewed India’s concerns on the fiscal front. Meanwhile, the benchmark BSE Sensex fell 137.10 points, or 0.38 per cent, to 35,325.98 in early trade.

 

Source: https://www.thehindubusinessline.com/

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Tuesday, October 16, 2018
ExchangeCommodityContractOpenHighLowClose
WINNIPEGBarleyDec18244.7249244.5248.65
CSCECocoa-CSCEDec182131222221222194
LIFFECocoa-LIFFEDec181569160815511589
NYCECottonDec1978.937978.2578.33
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