DAILY CURRENCY MARKET 3 JUNE 2019

Rupee opened 20 paise higher at 69.49 as against dollar on Monday, after closed at 69.69 on Friday. Rupee closed 43 paise higher against the dollar at 69.26. Easing of crude oil prices along with weakness in the dollar overseas supported the rupee. USD/INR touched intraday low of 69.18 and high of 69.50. NSE Nifty 50 ended 1.39 per cent or 165.75 points higher at 12088.55 and Sensex rose 1.39 per cent or 553.42 points to 40267.62. The RBI set a reference exchange rate for dollar at 69.80.

The Indian currency (INR) was trading 20 paise higher at 77.49 as against Euro. The currency pair EUR/INR opened at 77.95, which was previously close at 77.69. Meanwhile, the RBI set a reference exchange rate for Euro at 77.72. The Currency pair GBP/INR and JPY/INR were trading at 87.53 and 0.63 respectively. The RBI set a reference exchange rate for 1 pound sterling at 88.00, while for 100 JPY at 64.08. The other currency pairs ZAR/INR, MYR/INR, SAR/INR and AED/INR were trading at 4.78, 16.57, 18.45 and 18.85 subsequently.

The USD/JPY was trading at 108.34. The currency pair EUR/USD was trading at 1.11. The paired currency EUR/JPY was trading at 121.24. Elsewhere, the currency pair GBP/USD was trading at 1.26. The other currencies pairs AUD/USD, NZD/USD, MYR/USD and SAR/USD were trading at 0.69, 0.65, 0.24 and 0.27 respectively.