Rupee Back To 69-Levels Against Dollar, At Three-Month High: 5 Points

INR Vs USD: Gains in the rupee came amid sustained selling of the American currency.
  1. The US dollar weakened against other currencies overseas, after US Federal Reserve Chairman Jerome Powell comments that the central bank's benchmark interest rate is likely to be near a neutral level, forex traders were quoted as saying in the PTI report.
  2. The dollar dipped 0.35 percent to 113.26 yen after being knocked down from a two-week high above 114.00 scaled overnight, reported news agency Reuters.
  3. Strong foreign fund inflows and easing crude prices also supported the rupee, traders said.
  4. On Wednesday, foreign portfolio investors (FPIs) bought shares worth a net of Rs 961.26 crore, showed provisional data from bourses.
  5. Globally, Brent crude, the international benchmark, was trading 0.14 per cent down at $ 58.68 per barrel. (With agencies inputs)
  1. The US dollar weakened against other currencies overseas, after US Federal Reserve Chairman Jerome Powell comments that the central bank's benchmark interest rate is likely to be near a neutral level, forex traders were quoted as saying in the PTI report.
  2. The dollar dipped 0.35 percent to 113.26 yen after being knocked down from a two-week high above 114.00 scaled overnight, reported news agency Reuters.
  3. Strong foreign fund inflows and easing crude prices also supported the rupee, traders said.
  4. On Wednesday, foreign portfolio investors (FPIs) bought shares worth a net of Rs 961.26 crore, showed provisional data from bourses.
  5. Globally, Brent crude, the international benchmark, was trading 0.14 per cent down at $ 58.68 per barrel. (With agencies inputs)
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