Business Standard

Friday, December 20, 2024 | 04:40 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Rupee falls 10 paise to 79.26/$, tracking rebound in crude oil prices

At the interbank foreign exchange market, the local currency opened weak at 79.20 and touched a high of 79.20 and a low of 79.32

rupee
Premium

A strong greenback also weighed on the rupee.

Press Trust of India
The rupee declined by 13 paise to close at 79.26 against the US dollar on Friday, tracking a rebound in crude oil prices and the strength of the American currency overseas.

At the interbank foreign exchange market, the local currency opened weak at 79.20 and touched a high of 79.20 and a low of 79.32.

It finally ended at 79.26, down 13 paise over its previous close of 79.13.

"Gains for the currency were short-lived even after RBI announced forex related measures. Pound held on to its gains after Boris Johnson said he was quitting as prime minister following a rush of ministerial

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in