Robust sentiment at home equities market and a weak greenback restricted the autumn of the rupee. (File)
Mumbai:
The rupee fell 21 paise to shut as 81.38 (provisional) in opposition to the US greenback on Monday amid rise in crude costs.
Nonetheless, sturdy sentiment at home equities market and a weak greenback restricted the autumn of the native forex, foreign exchange merchants stated.
On the interbank international alternate market, the rupee opened stronger at 80.92 to a greenback in opposition to the earlier shut of 81.17. The native unit moved in a variety of 81.47 to 80.93 through the day.
On Friday, the rupee had appreciated by 19 paise to shut at 81.17 in opposition to the US greenback.
In the meantime, the US greenback index, which gauges the dollar’s energy in opposition to a basket of six currencies, declined 0.35 per cent to 101.66 amid issues over US financial progress.
The Brent crude rose 0.26 per cent to USD 87.86 per barrel.
On the home fairness market entrance, the 30-share BSE Sensex rose by 319.90 factors or 0.53 per cent to 60,941.67, whereas the broader NSE Nifty gained 90.90 factors or 0.5 per cent to settle at 18,118.55.
Overseas Institutional Buyers (FIIs) had been internet sellers within the capital market on Friday as they bought shares value Rs 2,002.25 crore, in accordance with alternate knowledge.
(Apart from the headline, this story has not been edited by NDTV employees and is revealed from a syndicated feed.)
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