Dollar weakness against the world's major currencies and the domestic stock market firmly supported the rupee.
Rupee rises by 15 paise to 69.72 level Dollar weakness against the world's major currencies and the domestic stock market firmly supported the rupee.
Dealers of Forex Market said that there are three reasons for strengthening rupee. Crude oil prices are soft. Foreign funds are buying again in the domestic market. On the other hand, exporters are selling dollars.
Foreign funds bought the stock market for Rs 1,664 crore on Thursday. Over the past few days, changes in the trend of foreign funds are being seen. It has good effect on rupees. On Friday, the market started trading with firmness in the stock market. The major index reached the record high when the market opened. Good effect on the stock markets falls on the rupee.
For regular updates on the stock market, please click on our Facebook page. Click here to like this page.
Rupee rises by 15 paise to 69.72 level Dollar weakness against the world's major currencies and the domestic stock market firmly supported the rupee.
Dealers of Forex Market said that there are three reasons for strengthening rupee. Crude oil prices are soft. Foreign funds are buying again in the domestic market. On the other hand, exporters are selling dollars.
Foreign funds bought the stock market for Rs 1,664 crore on Thursday. Over the past few days, changes in the trend of foreign funds are being seen. It has good effect on rupees. On Friday, the market started trading with firmness in the stock market. The major index reached the record high when the market opened. Good effect on the stock markets falls on the rupee.
For regular updates on the stock market, please click on our Facebook page. Click here to like this page.
This comment has been removed by the author.
ReplyDelete