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Stock Market: Rupee breaks 24 paise against US dollar in early trade

MUMBAI: The rupee fell 24 paise to 76.43 in opposition to the US greenback in early commerce on Monday on firming greenback in abroad markets and costlier crude oil. Within the interbank international change market, the rupee opened at 76.41 in opposition to the US greenback and fell as little as 76.43 in opening offers, exhibiting a fall of 24 paise over the earlier closing worth.

The rupee on Wednesday misplaced 4 paise to shut at 76.19 in opposition to the US greenback. Foreign exchange market was closed on Thursday on account of Mahavir Jayanti and Dr. Babasaheb Ambedkar Jayanti and Friday on account of Good Friday. In the meantime, international oil customary Brent crude futures rose 0.97 per cent to $112.78 per barrel.

The greenback index, reflecting the US greenback’s place in opposition to the six main currencies, rose 0.18 per cent to 100.67 degree. Overseas institutional buyers bought shares value Rs 2,061.04 crore on a internet foundation on Wednesday, in accordance with provisional inventory market information.

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