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DAILY CURRENCY MARKET 13th AUG 2019

The rupee opened 39 paise lower at 71.19 against the US dollar. USD/INR touched intraday low of 71.02 and high of 71.42. The rupee closed 60 paise lower at 71.40 against the dollar due to buying in American currency by banks and importers. Meanwhile, sustained selling by foreign institutional investors continued to weigh on sentiment in the forex market. Rupee had closed at 70.80 against US dollar on Friday. Currency market remained closed on Monday for the Eid al-Adha holiday. Meanwhile, the Sensex was down 623.75 points or 1.66 % at 36958.16 while Nifty was down 183.80 points or 1.65 % at 10925.85.

The Rupee was trading at 80.09 as against Euro. The currency pair EUR/INR opened at 79.20, which was previously close at 79.30. The Currency pair GBP/INR and JPY/INR were trading at 86.27 and 0.67 respectively. The other currencies pairs ZAR/INR, MYR/INR, SAR/INR and AED/INR were trading at 4.65, 17.02, 19.06 and 19.47 subsequently.

The USD/JPY was trading at 105.19. The currency pair EUR/USD was trading at 1.12. The paired currency EUR/JPY was trading at 118.07. Elsewhere, the currency pair GBP/USD was trading at 1.21. The other currencies pairs AUD/USD, NZD/USD, MYR/USD and SAR/USD were trading at 0.68, 0.64, 0.24 and 0.27 respectively.



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