Mumbai Apr 18 PTI The rupee declined 6 paise to close at 7625 provisional against the US dollar on Monday tracking the strength of the greenback overseas and elevated crude oil prices At the interbank foreign exchange market the rupee opened lower at 7641 against the American currency and finally settled for the day at 7625 down 6 paise over its previous close During the trading session the rupee witnessed an intra-day high of 7620 and a low of 7643 On Wednesday the rupee had dipped 4 paise to close at 7619 against the US dollar The forex market was closed on Thursday for Mahavir Jayanti and Dr Babasaheb Ambedkar Jayanti and on Friday on account of Good Friday Meanwhile the dollar index which gauges the greenbacks strength against a basket of six currencies was trading 020 per cent higher at 10070 Global oil benchmark Brent crude futures fell 018 per cent to USD 11150 per barrel The 30-share BSE Sensex ended 117219 points or 201 per cent lower at 5716674 while the broader NSE Nifty fell 30200 points or 173 per cent to 1717365 Foreign institutional investors remained net sellers in the capital market on Wednesday as they offloaded shares worth Rs 206104 crore according to stock exchange data PTI DRR ABM ABM

Mumbai Feb 25 PTI The rupee appreciated by 34 paise to close at 7526 provisional against the US dollar on Friday in line with regional currencies following a retreat in crude oil prices and a rebound in domestic equities At the interbank forex market the local unit opened at 7531 against the greenback and witnessed an intra-day high of 7518 and a low of 7546 The rupee finally ended at 7526 registering a gain of 34 paise over its previous close On Thursday the rupee had tanked 99 paise to close at 7560 against the US dollar as riskier assets took a hit after Russia launched military operations against Ukraine Meanwhile European Union leaders are putting up a united front and agreed on a second package of economic and financial sanctions against Russia The dollar index which measures the greenbacks strength against a basket of six currencies inched up 001 per cent to 9714 Brent crude futures the global oil benchmark were trading 107 per cent higher at USD 10014 per barrel Calmness returned to forex markets as participants assessed the fallout of Russias invasion of Ukraine and focused shifted back to Federal Reserve Weaker-than-expected US sanctions on Russia supported market sentiment said Dilip Parmar Research Analyst HDFC Securities Rupee in line with regional currencies gained following a retreat in crude oil prices from an eight-year high along with rebound in domestic equities However the bias for spot USD-INR remains bullish as long as it holds 7480 while on the higher side 7575 becomes the biggest hurdle Parmar said On the domestic equity market front the BSE Sensex ended 132861 points or 244 per cent higher at 5585852 while the broader NSE Nifty surged 41045 points or 253 per cent to 1665840 Foreign institutional investors were net sellers in the capital market on Thursday as they offloaded shares worth Rs 644824 crore as per stock exchange data PTI DRR ABM ABM

Mumbai Jan 28 PTI The rupee snapped its three-day losing streak to close 5 paise higher at 7504 provisional against the US dollar on Friday amid expectation of better dollar inflows from upcoming IPOs However the rebound in the rupee was restricted amid weakness in domestic equities analysts said Forex traders said geopolitical tensions elevated crude oil prices and hawkish US Fed stance also weighed on the local unit At the interbank foreign exchange market the rupee opened at 7512 a dollar and witnessed an intra-day high of 7488 and a low of 7513 The domestic unit finally settled at 7504 provisional against the American currency up 5 paise over its last close of 7509 Meanwhile the US dollar index which measures the greenbacks strength against the basket of six currencies rose 011 per cent to 9735 The Indian rupee managed to stabilise after sharp sell-off in the last three days and retraced from one-month low on expectation of better dollar inflows from upcoming IPOs and position downsizing ahead of the Union Budget said Dilip Parmar Research Analyst HDFC Securities However stronger dollar index elevated energy price and higher bond yields could push local currency lower in the coming days Parmar added During this week the local currency has depreciated 61 paise against the US dollar Brent crude futures the global oil benchmark advanced 049 per cent to USD 8978 per barrel On the domestic equity market front the BSE Sensex ended 7671 points or 013 per cent lower at 5720023 while the broader NSE Nifty declined 820 points or 005 per cent to 1710195 Foreign institutional investors remained net sellers in the capital market on Thursday as they offloaded shares worth Rs 626675 crore as per stock exchange data PTI DRR ABM ABM