Monday, Sep 21, 2020 | Last Update : 12:31 PM IST

180th Day Of Lockdown

Maharashtra118801585793332216 Andhra Pradesh6177765307115302 Tamil Nadu5364774812738751 Karnataka5113454048417922 Uttar Pradesh3362942632884771 Delhi2347011981034877 West Bengal2155801870614183 Telangana1713061397001033 Odisha167161133466722 Bihar164224149722855 Assam150349121610528 Kerala12221687341490 Gujarat119088999083271 Rajasthan109088906851293 Haryana103773816901069 Madhya Pradesh97906743981877 Punjab90032658182646 Chhatisgarh7777541111628 Jharkhand6710052807590 Jammu and Kashmir5971138521951 Uttarakhand3713924810460 Goa2678320844327 Puducherry2142816253431 Tripura2069612956222 Himachal Pradesh11190691997 Chandigarh92566062106 Manipur8430653951 Arunachal Pradesh6851496713 Nagaland5306407910 Meghalaya4356234232 Sikkim2119178923 Mizoram15069490
  Business   Market  24 Mar 2020  Rupee rises 18 paise to 76.02 against US dollar

Rupee rises 18 paise to 76.02 against US dollar

PTI
Published : Mar 24, 2020, 1:09 pm IST
Updated : Mar 24, 2020, 1:09 pm IST

At the interbank foreign exchange, the rupee opened at 76.02, registering a rise of 18 paise over its previous close

 Representative Image (PTI)
  Representative Image (PTI)

Mumbai: Indian equity markets regained lost foothold on Tuesday after markets gave up gains in early trade due to volatility over the novel coronavirus pandemic.

 The Indian rupee witnessed marginal recovery in early trade and appreciated by 18 paise to 76.02 against the US dollar on Tuesday tracking positive opening in domestic equities.

 

At around 12:10 pm, BSE Sensex was up 634.04 or 2.44 per cent at 26,615.28 while NSE Nifty was trading 153 points or 2.01 per cent higher at 7,763.25.

At the interbank foreign exchange, the rupee opened at 76.02, registering a rise of 18 paise over its previous close.

On Monday, the rupee had settled at 76.20 against the greenback.

Traders said investor sentiments improved after the Reserve Bank as part of its effort to boost liquidity on Monday said it will conduct Rs 1 lakh crore of short-term variable repo auction.

The repo auctions will be conducted in two tranches. The first repo auction of Rs 50,000 crore was held on Monday.

 

The second tranche of Rs 50,000 crore of repo auction will be conducted on Tuesday.

However, traders said there are still concerns over the impact of coronavirus outbreak on the domestic as well as the global economy. The number of deaths around the world linked to the new coronavirus has reached over 16,000.

Meanwhile, nearly 500 coronavirus cases have been reported in India so far, according to Health Ministry data on Tuesday.

Tags: indian rupee, rupee dollar value, dollar, interbank foreign exchange