The Indian rupee gained in the early morning trade against the U.S. dollar amid firm domestic equities and weak American currency. Currently, the rupee is trading at 74.80 against US Dollar ahead of RBI monetary policy decision due tomorrow.
At the interbank foreign exchange, the rupee opened at 74.70 against the American dollar and then inched higher to quote 74.68, registering a rise of 6 paise from the last close.
The domestic unit on Tuesday had settled at 74.74 against the U.S. dollar.
Further, the dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading 0.11% lower at 95.53. The yield on 10-year Treasuries topped 1.97% on Tuesday, the highest since November 2019 and a jump from about 1.73% just two weeks ago.
Besides, foreign institutional investors were net sellers in the capital market on Tuesday, as they offloaded shares worth $1,967.89cr.
Meanwhile, the Reserve Bank of India (RBI)s rate-setting Monetary Policy Committee (MPC) meeting commenced on February 8, 2022 and the outcome would be announced on February 10, 2022.
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2026, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132 (Member ID - NSE: 10975 BSE: 179 MCX: 55995 NCDEX: 01249), DP SEBI Reg. No. IN-DP-185-2016, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, Merchant Banker SEBI Regn. No. INM000010940, RA SEBI Regn. No: INH000000248, BSE Enlistment Number (RA): 5016, AMFI-Registered Mutual Fund Distributor & SIF Distributor
ARN NO : 47791 (Date of initial registration – 17/02/2007; Current validity of ARN – 08/02/2027), PFRDA Reg. No. PoP 20092018, IRDAI Corporate Agent (Composite) : CA1099
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
