iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Rupee Vs. USD: Indian Rupee opens flat against the USD

10 Aug 2023 , 09:53 AM

The Indian rupee began the trading day steady against the US dollar on Thursday, in anticipation of the Reserve Bank of India’s (RBI) monetary policy announcement.

The local currency commenced at 82.81 against the dollar, a minor deviation from the previous close of 82.82. The RBI is expected to maintain the repo rates at 6.5% amidst ongoing concerns about inflation.

Domestically, both the Sensex and Nifty, Indian equity benchmark indices, opened with a downward trend. In Wednesday’s trading, Foreign Institutional Investors (FIIs) displayed a net purchase of Indian shares worth Rs 644.11 crore. Conversely, Domestic Institutional Investors (DIIs) witnessed a net sale of shares amounting to Rs 597.88 crore, according to provisional exchange data.

For feedback and suggestions, write to us at editorial@iifl.com

Rupee Vs. USD

Related Tags

  • Currency
  • FOREX
  • rupee
  • USD
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Securities Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.