City
Epaper

Indian rupee weakens against dollar

By IANS | Updated: July 13, 2022 17:05 IST

Chennai, July 13 The Indian rupee slightly weakened against the US dollar on Wednesday, falling below Rs 79.65....

Open in App

Chennai, July 13 The Indian rupee slightly weakened against the US dollar on Wednesday, falling below Rs 79.65.

The rupee movement against the dollar will be triggered by the inflation numbers of the US which are expected to be out later on Wednesday.

"Rupee traded with minor losses falling below 79.65 as the dollar index traded positive above $108 rupee range can be seen between 79.25-79.75," said Jateen Trivedi, Vice President, Research Analyst, LKP Securities.

Trivedi said the crude price falling below $100 can be a positive trigger for rupee, but inflation numbers in the evening from the US shall give a major trigger to rupee movement against the dollar.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Jateen trivediuschennaiLkp securitiesMadras missionLkp securities ltdChennai chennai
Open in App

Related Stories

NationalChennai-Bangalore Highway Traffic Update: 4-Km Jam in Ranipet Due to Incomplete Arcot Flyover (Watch Video)

NationalFlorida Plane Crash: 2 Killed After Small Aircraft Crashes in Coral Springs Lake (Watch Video)

InternationalFung Wong Live Tracker Map: Tropical Storm Triggers Flash Floods Across Guam; Check Real-Time Status Here

InternationalNew York: 7 Firefighters Injured in Car Blast in The Bronx (Watch Video)

InternationalLouisville Plane Crash: 7 Killed, 11 Injured After UPS Cargo Flight Crashes Near Airport in Kentucky; Videos Surface

International Realted Stories

InternationalDubai emergency teams spring to work at IAF Tejas crash site

InternationalDubai Air Show 2025 Fighter Jet Crash: Indian Air Force Confirms Death of Tejas Aircraft's Pilot

InternationalSituation extremely distressing, inhumane: Afghan refugees in Pakistan report widespread abuse

InternationalWHO report confirms reduction in TB cases and deaths over 10 years, refuting claims of rise

InternationalChina's retaliatory trade pressure backfires as DPP lawmakers rally Taiwanese support for Japan