Today, the Indian rupee fell 3 paise totalling to Rs. 64.02 against the U.S. dollar. It is said exporters and banks stayed away from the American currency as the capital inflows jumped. On Friday the rupee stood flat at 64.05 a dollar.
Today, the stock benchmark rose 65.07 points (0.19%) to a record high at 34,005.37. The Nifty went up 22.10 points (0.21%) to a new peak of 10,515.10. So far this year the benchmark gained 26%.
This year, the Indian rupee gained 6.06%. Many foreign investors pulled up a total of $ 7.71 billion in equity and $ 22.83 billion in debt.
South Korean won (currency) went up 0.29% and the Taiwan dollar went up 0.06%. However, Chinese renminbi went down 0.19%, Indonesian rupiah and Thai baht fell down 0.13% and 0.1% respectively.
The dollar’s value dropped against other currencies globally as well. The dollar index dropped 0.01% to 93.258 from the previous 93.267. The dollar index measures the U.S. currency’s strength against major currencies.
