{"id":12230,"date":"2020-08-05T06:28:08","date_gmt":"2020-08-05T06:28:08","guid":{"rendered":"https:\/\/bengalnewstimes.com\/?p=12230"},"modified":"2020-08-05T06:28:08","modified_gmt":"2020-08-05T06:28:08","slug":"rupee-surges-17-paise-to-74-87-against-u-s-dollar-in-early-trade","status":"publish","type":"post","link":"https:\/\/bengalnewstimes.com\/?p=12230","title":{"rendered":"Rupee surges 17 paise to 74.87 against U.S. dollar in early trade"},"content":{"rendered":"<p><\/p>\n<div id=\"content-body-14269002-32274053\">\n<p> The rupee gained 17 paise to 74.87 against the U.S. dollar in opening trade on Wednesday tracking positive domestic equities and weak American currency.<\/p>\n<p> At the interbank forex market, the domestic unit opened at 74.93 against the U.S. dollar, gained further ground and touched 74.87 against the U.S. dollar, registering a gain of 17 paise over its previous close.<\/p>\n<p> It had settled at 75.04 against the U.S. dollar on Tuesday.<\/p>\n<p> Forex traders said positive trend in the equity markets, weak American currency and sustained foreign fund inflows supported the rupee.<\/p>\n<p> Meanwhile, the dollar index, which gauges the greenback\u2019s strength against a basket of six currencies, fell 0.28% to 93.12.<\/p>\n<p> On the domestic equity market front, the 30-share BSE benchmark Sensex was trading 391.87 points higher at 38,079.78 and broader NSE Nifty advanced 121.20 points to 11,216.45.<\/p>\n<p> Foreign institutional investors were net buyers in the capital market as they purchased shares worth Rs 703.74 crore on Tuesday, according to provisional exchange data.<\/p>\n<p> Brent crude futures, the global oil benchmark, slipped 0.09% to $44.39 per barrel.<\/p>\n<\/div>\n<div style=\"display:none\">\n<div class=\"col-xs-12 col-md-12 col-lg-12 col-sm-12\">\n<div class=\"subscriptioncontainer\">\n<div class=\"subscriptioncontainermain\">\n<div class=\"col-xs-12 col-sm-12 col-md-12 subscripeleftcontent\">\n<p class=\"planTodayDiv text-center\">You have reached your limit for free articles this month.<\/p>\n<p class=\"planTodayDiv text-center\"> To get full access, please subscribe. <\/p>\n<p class=\"signinlnk text-center\" data-category=\"Meterpaywall\" data-label=\"sign\"> Already have an account ? 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Our plans enhance your reading experience.\n<\/p>\n<\/div>\n<\/div>\n<div>\n<div class=\"tlreaderBack\" style=\"display:none;\">\n<h3>A letter from the Editor<\/h3>\n<hr\/>\n<p>Dear subscriber,<\/p>\n<p>Thank you!<\/p>\n<p>Your support for our journalism is invaluable. It\u2019s a support for truth and fairness in journalism. It has helped us keep apace with events and happenings.<\/p>\n<p>The Hindu has always stood for journalism that is in the public interest. At this difficult time, it becomes even more important that we have access to information that has a bearing on our health and well-being, our lives, and livelihoods. As a subscriber, you are not only a beneficiary of our work but also its enabler.<\/p>\n<p>We also reiterate here the promise that our team of reporters, copy editors, fact-checkers, designers, and photographers will deliver quality journalism that stays away from vested interest and political propaganda.<\/p>\n<p>Suresh Nambath<\/p>\n<\/div>\n<\/div>\n<p><a href=\\\"https:\/\/www.thehindu.com\/business\/markets\/rupee-surges-17-paise-to-7487-against-us-dollar-in-early-trade\/article32274053.ece\\\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The rupee gained 17 paise to 74.87 against the U.S. dollar in opening trade on Wednesday tracking positive domestic equities and weak American currency. At the interbank forex market, the domestic unit opened at 74.93 against the U.S. dollar, gained further ground and touched 74.87 against the U.S. dollar, registering [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12231,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[36],"tags":[],"class_list":["post-12230","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking-business"],"jetpack_featured_media_url":"https:\/\/bengalnewstimes.com\/wp-content\/uploads\/2020\/08\/RUPEES.jpeg","_links":{"self":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts\/12230","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12230"}],"version-history":[{"count":0,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts\/12230\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/media\/12231"}],"wp:attachment":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}