Rupee Dollar Exchange Rate today, check market updates here
Rupee Dollar Exchange Rate today, check market updates here
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Market Updates - Rupee, Dollar, crude oil and more:  On Monday, the Indian rupee strengthened 6 paise to end the day at 79.52 against the US dollar due to stronger regional currencies and risk-on inclinations before inflation data.

The  Indian rupee finished at 79.52 in the interbank foreign currency market, down from 79.58 versus the US dollar. Due to increasing commodity prices, the market is anticipating an increase in inflation to 6.9 percent from the previous 6.7 percent,  analysts noted.

A measure of the strength of the dollar versus a basket of six major currencies is the Dollar Index, which was at 107.942 on Monday.

On Monday, benchmark indices rose substantially as a result of strong global cues.

On the Indian share market front, the BSE Sensex closed 321.99 points or 0.54 percent higher at 60,115.13 on the local equities market, while the larger NSE Nifty rose by 103.00 points or 0.58 percent to 17,936.35.

According to exchange data, foreign institutional investors were net purchasers on Friday in the capital market, buying shares worth 2,132.42 crore.

The Reserve Bank of India (RBI) reported that the nation's foreign exchange reserves decreased by USD 3.007 billion to  USD 561.046 billion in the week ending August 26.

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