On Thursday, the US Dollar Lur lost Rs 30 pace to close at a two -month low of 86.73, which lodged a joint loss of 69 paisa during the last three sessions.
In the Interbank Foreign Exchange, the rupee opened against 86.65 against the US Dollar Lare, rising 13 paisa from its previous closer. 86.60.
“The uncertainty of the Iran-Israel war is pending, and US President Donald Trump postponed US entry for just 2 weeks … is expected to move between Rs. Cuum, “Finrex Treasury Advisors LLP said.
“Importers need to wait for hedging, while exporters may be selling at 86.85/90 levels. FPI has been small buyers of equity in the last three days, and despite the Middle East war, the indicators are mostly in mid-cap and small caps.”
Living events
Meanwhile, the Dollar Lur Index, which estimates the strength of the greenback against the six currency basket, was trading 0.31 per cent at 98.59.
In the domestic equity market, the 30-share BSE Sensex rose 289.43 points to 81,651.30, while the Nifty was up 88.25 points to 24,881.50.
Global oil benchmarks, Brent crude, futures trade fell 2.46 percent per barrel to 76.91d.
“The White House Mukt said that Trump would decide in two weeks whether to attack Iran or not, there was some relief with Brent Oil in various asset categories.
Foreign Institutional Investors (FIIs) on Thursday paid Rs. An equity of 934.62 crore was purchased, according to the exchange data.
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