Sensex

up-green-arrow

Nifty

up-green-arrow

USDINR

down-red-arrow

GBPINR

down-red-arrow

EURINR

down-red-arrow

Other-Markets

News on Currency markets such as Rupee, Call money etc.

 
Rupee extends further gains as dollar deepens losses
12-Jun-25 09:15Hrs IST

The Indian rupee extended further gains on Thursday tracking deep losses in the dollar overseas following softer than expected US inflation report that could support case for a Federal rate cut. Dollar index moved below 98 mark as investors now await US PPI data for more clarity. Moreover, US President Donald Trump has reignited tariff threats by announcing plans to notify US trading partners within the next one to two weeks about the new unilateral tariff rates. Rupee opened at Rs 85.43 per dollar but eased to a low of 85.49 so far during the day. Yesterday, INR appreciated 6 paise to close at 85.51 against the US dollar. Indian shares eked out modest gains on Wednesday. The benchmark 30-share BSE Sensex edged up by 123.42 points, or 0.15 percent, to 82,515.14 while the broader NSE Nifty index closed up 37.15 points, or 0.15 percent, at 25,141.40. On the NSE, USDINR futures were down marginally at 85.52.

Powered by Capital Market - Live News

Attention Investor :

"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

"No need to issue cheques by investors while subscribing to Equity IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

A Muthoot M George Enterprise