{"id":28549,"date":"2020-06-25T16:56:45","date_gmt":"2020-06-25T11:26:45","guid":{"rendered":"https:\/\/kashmir.today\/?p=28549"},"modified":"2020-06-25T16:56:45","modified_gmt":"2020-06-25T11:26:45","slug":"rupee-settles-7-paise-higher-at-75-65-against-us-dollar","status":"publish","type":"post","link":"https:\/\/kashmir.watch\/?p=28549","title":{"rendered":"Rupee settles 7 paise higher at 75.65 against US dollar"},"content":{"rendered":"\n\n\n<p><a href=\"http:\/\/ptinews.com\/news\/11591193_Rupee-settles-7-paise-higher-at-75-65-against-US-dollar-.html\">PTI<\/a><\/p>\n\n\n\n<p><strong>Mumbai<\/strong>: The rupee erased its initial losses and settled 7 paise higher at 75.65 (provisional) against the US dollar on Thursday tracking positive domestic equities and foreign fund inflows.<\/p>\n\n\n\n\n\n<p>Forex traders said, the rupee traded in a narrow range as gains in domestic equities, easing crude oil prices and foreign fund inflows supported the market, while strong US dollar and rising coronavirus cases weighed on investor sentiments.<\/p>\n\n\n\n\n\n<p>The rupee opened at 75.76 against the US dollar, but gathered strength and closed at 75.65, higher by 7 paise over its previous close.<\/p>\n\n\n\n<p>It had finished at 75.72 against the greenback on Wednesday.<\/p>\n\n\n\n\n\n<p>During the four-hour trading session, the domestic unit witnessed an intra-day high of 75.57 and a low of 75.76.<\/p>\n\n\n\n\n\n<p>Meanwhile, the dollar index, which gauges the greenback&#8217;s strength against a basket of six currencies, rose 0.12 per cent to 97.26.<\/p>\n\n\n\n\n\n<p>The 30-share BSE benchmark Sensex was trading 116.84 points higher at 34,985.82 and the broader NSE Nifty rose 35 points to 10,340.30.<\/p>\n\n\n\n\n\n<p>Foreign institutional investors were net buyers in the capital market as they bought shares worth Rs 1,766.90 crore on Wednesday, according to provisional exchange data.<\/p>\n\n\n\n\n\n<p>Brent crude futures, the global oil benchmark, fell 0.30 per cent to USD 40.19 per barrel.<\/p>\n\n\n","protected":false},"excerpt":{"rendered":"<p>PTI Mumbai: The rupee erased its initial losses and settled 7 paise higher at 75.65 (provisional) against the US dollar on Thursday tracking positive domestic equities and foreign fund inflows. Forex traders said, the rupee traded in a narrow range as gains in domestic equities, easing crude oil prices and foreign fund inflows supported the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-28549","post","type-post","status-publish","format-standard","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/kashmir.watch\/index.php?rest_route=\/wp\/v2\/posts\/28549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kashmir.watch\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kashmir.watch\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kashmir.watch\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kashmir.watch\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28549"}],"version-history":[{"count":0,"href":"https:\/\/kashmir.watch\/index.php?rest_route=\/wp\/v2\/posts\/28549\/revisions"}],"wp:attachment":[{"href":"https:\/\/kashmir.watch\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kashmir.watch\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kashmir.watch\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}