Rupee Closes At 3-Week High Of 73.16 Against Dollar | Read

PUBLISHED ON: October 24, 2018 | Duration: 0 min, 43 sec

facebooktwitteremailkoo
loading..
The rupee strengthened by 41 paise to close at a more than three-week high of 73.16 against the dollar on Wednesday, as global crude oil prices eased and domestic equity markets staged a smart rebound. Forex dealers said softening crude oil prices supported the rupee's upward movement. On Tuesday, Saudi Arabia pledged to meet any supply shortfalls and replace any looming shortages due to Iranian sanctions, which will start on November 4. Following this, Brent crude prices plunged to below $76 level before recovering to $76.03 per barrel.
ALSO WATCH
Sensex Tumbles Over 900 Points, Nifty Down 338 As Markets See Correction

................................ Advertisement ................................

................................ Advertisement ................................

................................ Advertisement ................................

Listen to the latest songs, only on JioSaavn.com