Sensex

up-green-arrow

Nifty

up-green-arrow

USDINR

down-red-arrow

GBPINR

down-red-arrow

EURINR

down-red-arrow

Other-Markets

News on Currency markets such as Rupee, Call money etc.

 
INR hits 83.30 per US dollar mark in intraday moves
23-Apr-24 11:46Hrs IST

The Indian rupee is witnessing modest losses today but stayed in a range amid positive cues from local equities. Meanwhile, broad economic cues were also supportive for the local currency. Economic growth across India's private sector continued to strengthen in April. According to the HSBC Flash India PMI data, positive demand trends fueled new business intakes and output. In both cases, rates of expansion were the fastest in close to 14 years. Rising from 61.8 in March to 62.2 in April, the headline HSBC Flash India Composite PMI Output Index ? a seasonally adjusted index that measures the month-on-month change in the combined output of India's manufacturing and service sectors ? indicated the fastest rate of increase in aggregate business activity since mid-2010. INR is currently quoting at 83.38 against the US dollar, down 2 paise on the day after testing 83.30 mark in intraday trades. The US dollar index holds around 106 mark amid lack of major US economic cues and continued worries over Middle East.

Powered by Capital Market - Live News

Attention Investor :

"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

"No need to issue cheques by investors while subscribing to Equity IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

A Muthoot M George Enterprise