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: Rupee opened 12 paise lower against the USD

23 Jun 2023 , 10:16 AM

The Indian rupee opened 12 paise lower against the US dollar on Thursday, influenced by losses in other Asian currencies. The local unit started the day at 82.07 against the dollar, compared to the previous close of 81.95.

Other Asian currencies experienced declines ranging from 0.2% to 0.5%. The dollar index rose above 102.50, supported by weak risk sentiment in Asia due to concerns over China and hawkish central banks.

In the previous session, the rupee had gained 9 paise, closing at 81.95. US Federal Reserve Chair Jerome Powell reiterated the need for additional rate hikes to address inflation.

During the pre-opening session, the domestic market witnessed a decline in the Indian benchmark equity indices, namely Sensex and Nifty. According to provisional data available on the exchanges, Foreign Institutional Investors (FIIs) net bought Indian shares worth Rs 693.28 crore, while Domestic Institutional Investors (DIIs) net purchased shares amounting to Rs 219.42 crore.

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

Rupee Vs USD

Related Tags

  • Dollar
  • Federal reserve
  • INR
  • rupee
  • US
  • 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.