Indian rupee rises in opposition to UAE dirham – Information

The greenback index rose 0.10% to 96.18.

PTI file

PTI file

Printed: Mon 13 Dec 2021, 9:45 AM

The Indian rupee appreciated 15 paise to 75.63 in opposition to the US greenback (20.60 in opposition to Emirati dirham) on Monday morning, monitoring a optimistic pattern within the Indian equities.

Nonetheless, surging crude costs within the worldwide market and unabated overseas capital outflows capped the rupee’s features, merchants stated.

On the Indian interbank overseas alternate, the rupee opened sturdy at 75.64 and inched as much as quote 75.63 in opposition to the American greenback in early offers, registering an increase of 15 paise from the final shut.

On Friday, the rupee dropped by 18 paise to an over 16-month low of 75.78 in opposition to the US greenback.

The 30-share Sensex was buying and selling 206.46 factors or 0.35 per cent greater at 58,993.13, whereas the broader NSE Nifty superior 86.50 factors or 0.49 per cent to 17,597.80.

International oil benchmark Brent crude futures rose 1.30 per cent to $76.13 per barrel.

The greenback index, which gauges the buck’s energy in opposition to a basket of six currencies, rose 0.10 per cent to 96.18.

On the macro-economic entrance, India’s industrial manufacturing progress remained subdued for the second straight month and expanded by 3.2 per cent in October, primarily because of the waning low base impact whereas mining, energy and manufacturing sectors carried out properly.

(with inputs from PTI)

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