Rupee weakens against the US benchmark dollar at the interbank forex market on Wednesday tracking shaky domestic equities and higher crude oil prices leading to restlessness among the investors.
On Tuesday, Rupee shed 33 paise to close at a two-week low of 74.58 against the dollar.
The US Dollar index crawled to recovery in this week’s trade.
The dollar index picked up pace against the Indian currency on rate hike expectations.
Bond yield hit pre pandemic highs @ 1.87% with the 2 year bond yields hitting 2% for the 1st time in over 2 years. Crude rises to 7-year highs as colder weather & rise in demand sees prices rise sharply.
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Securities Support WhatsApp Number
+91 9892691696
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.