look news india
Mumbai: The price of the dollar stopped rising against the rupee in the Mumbai currency market today and remained on the opposite trend. Despite a sharp decline in the stock market, the rupee gained in the currency market today. The fall in crude oil prices in the world market had a positive effect on the rupee. After opening at Rs 83.96 in the morning, the price of the dollar went up to Rs 83.97, then went down to Rs 83.91 and finally closed at Rs 83.94.
ADP job growth data in the US private sector was weak, while there was news that unemployment claims in the US fell by 5,000 to 2,27,000. Markets were eyeing non-farm payrolls data.
There is news of the price of various Asian currencies rising against the dollar in the world market. Inflation figures are also to be released next week. Meanwhile, news came in the world market today that the dollar index fell from 101.11 to 100.84 and then to a low of 100.97. India's foreign exchange reserves increased by $ 2.30 billion to $ 683.99 billion, which created a new record and its effect was also seen on the rupee.
The pound was priced at Rs 110.60. The European currency euro rose from Rs 93.18 to Rs 93.35 and was last at Rs 93.30.