City
Epaper

Rupee ends 24 paise down at 79.80 against US dollar

By IANS | Updated: September 2, 2022 16:50 IST

Mumbai, Sep 2 The Indian rupee depreciated 24 paise to close at 79.80 against the US dollar on ...

Open in App

Mumbai, Sep 2 The Indian rupee depreciated 24 paise to close at 79.80 against the US dollar on Friday ending the week on the weak note.

At the interbank foreign exchange market, rupee ended at 79.80, as against 79.56 against the US dollar.

"Rupee traded in mixed range in the week between 79.25-79.95 closing the week on a flat but broadly weak note, as dollar index and FII's selling pressure added resistance to rupee whereas Crude price fall and domestic sector performance along with banks positive momentum gave support to the rupee," said Jateen Trivedi, VP Research Analyst at LKP Securities.

Dollar index, which gauges the the strength of greenback against the basket of six major currencies were at 109.273.

Brent crude oil prices were at $94.25 a barrel by the closing of Indian market hours.

Meanwhile, Sensex ended 36.74 points or 0.06 per cent up at 58,803.33, and Nifty ended 3.35 points or 0.02 per cent down at 17,539.45. Around 1,769 shares have advanced, 1,656 shares declined, and 142 shares remained unchanged.

HDFC, ITC, Larsen and Toubro, HDFC Bank, Axis Bank were gainers on the BSE. BSE SmallCap index ended higher, however, BSE MidCap and LargeCap fell.

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: Vp research analystJateen trivediusmumbaiLkp securitiesLkp securities ltd
Open in App

Related Stories

MumbaiMumbai Traffic Police Catch Over 200 Drunk Drivers on New Year’s Eve

MumbaiMumbai: Truck Driver Dies After BEST Bus Rams Into Vehicle in Aarey Colony

MaharashtraVasai-Virar Municipal Election 2026: BJP Veteran Shekhar Dhuri Joins Hitendra Thakur’s BVA Ahead of Civic Polls

MumbaiMumbai BMC Election 2026: Ward 15 in Borivali East Set for Straight Fight Between Shiv Sena UBT and BJP

MumbaiMumbai: Hidden Camera Found Inside Hotel Room in Malad East; Case Registered

International Realted Stories

InternationalIranians seek end to "reign of chaos": Reza Pahlavi thanks US president for support to people

InternationalBangladesh: Inqilab Moncho to hold 'March for Justice' from Jan 3 to demand justice for Sharif Osman Hadi

InternationalMexico: Earthquake of magnitude 6.4 hits Guerrero

InternationalWinners of Khalifa Award for Education to be announced in April

InternationalPakistan: 214 FIA officers punished in four months amid entrenched corruption, human trafficking concerns