As a thermostatic shower mixer, Jaquar Qloud offers perfect regulation over temperature, water flow volume, and shower mode selection
The Indian rupee inched higher by five paise to 77.99 against the US dollar (21.25 versus the UAE dirham) in opening trade on Wednesday.
Forex traders said lacklustre Indian markets, elevated crude oil prices and persistent foreign capital outflows weighed on the local unit. At the Indian interbank foreign exchange, the rupee opened at 77.99 against the dollar, registering a rise of 5 paise over its previous close.
On Tuesday, the rupee had closed at its lifetime low of 78.04 against the US dollar.
Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, fell 0.28 per cent to 105.21.
The Indian rupee opened on a flat note against the dollar on Wednesday ahead of the US Fed meeting outcome, Sriram Iyer, Senior Research Analyst at Reliance Securities, said.
Asian and emerging market peers have started mixed, while equity futures have started with small gains and could cap the downside for the USD/INR spot pair, Iyer noted.
ALSO READ:
Global oil benchmark Brent crude futures rose 0.19 per cent to $121.40 per barrel.
On the Indian equity market front, BSE Sensex was trading 47.1 points or 0.09 per cent lower at 52,646.47, while the broader NSE Nifty declined 13.95 points or 0.09 per cent to 15,718.15.
Foreign institutional investors were net sellers in the capital market on Tuesday as they offloaded shares worth Rs45.02 billion, as per exchange data.
(With inputs from PTI)
As a thermostatic shower mixer, Jaquar Qloud offers perfect regulation over temperature, water flow volume, and shower mode selection
The England star smashed nine sixes and eight fours in his 48-ball 108 as the Kings eclipsed the previous record set by South Africa who overhauled a target of 258 by the West Indies in 2023
Fatima was diagnosed with autoimmune hepatitis, a condition where the body's immune system attacks liver cells
The announcement follows a difficult spell for the royal family after both Charles and his daughter-in-law Catherine, revealed that they had cancer
It reiterated that pilgrims require a Haj visa and it can be obtained through recognised official channels
The 18-year-old was taken to hospital in a serious condition
The brothers, who say they are innocent, are accused of having formed an organised criminal network in early 2021 in Romania, as well as in the US and Britain
The left-handed batter scored 3369 runs in 136 one-day internationals and 2893 in 140 Twenty20 internationals — both Pakistan records