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Rupee opens 5 paise lower at 83.00 against the US dollar
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US Federal Reserve July policy meeting showed that the central bank has likely not finished raising interest rates. India’s forex and money markets were closed on Tuesday and Wednesday.
Meanwhile, crude oil prices traded higher. Brent crude futures gained 0.12%, at $83.55 a barrel, while US West Texas Intermediate crude (WTI) rose 0.03% to $79.40.
On the domestic front, the Indian equity benchmark indices Sensex and Nifty were trading lower in the pre-opening session. On Wednesday, the Foreign institutional investors (FIIs) net bought Indian shares worth ₹722.76 crore, while Domestic Institutional Investors (DIIs) net purchased shares to the tune of ₹2,406.19 crore, as per provisional data available on the exchanges.
Read more on livemint.comAbout this in other media
Rupee rises 12 paise to 82.52 against US dollar economictimes.indiatimes.com /1 year ago
Rupee gains 10 paise to open at 82.55 against the US dollar livemint.com /1 year ago
Rupee opens flat at 82.58 against the US dollar ahead of Fed Chair Jerome Powell's speech livemint.com /1 year ago
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