DAILY CURRENCY MARKET 4th JUNE 2019

Rupee opened 12 paise higher at 69.14 as against dollar on Tuesday, after closed at 69.26 on Monday. Rupee closed 1 paisa higher against the dollar at 69.25. Selling of the American currency by exporters, fresh foreign fund inflows and easing crude oil prices supported the rupee. USD/INR touched intraday low of 69.02 and high of 69.33. NSE Nifty 50 ended 0.55 per cent or 66.90 points lower at 12021.65 and Sensex fell 0.46 per cent or 184.08 points to 40083.54. The RBI set a reference exchange rate for dollar at 69.43.

The Indian currency (INR) was trading 47 paise lower at 77.97 as against Euro. The currency pair EUR/INR opened at 77.80, which was previously close at 77.49. Meanwhile, the RBI set a reference exchange rate for Euro at 77.56. The Currency pair GBP/INR and JPY/INR were trading at 87.88 and 0.64 respectively. The RBI set a reference exchange rate for 1 pound sterling at 87.71, while for 100 JPY at 64.13. The other currency pairs ZAR/INR, MYR/INR, SAR/INR and AED/INR were trading at 4.72, 16.61, 18.47 and 18.85 subsequently.

The USD/JPY was trading at 107.98. The currency pair EUR/USD was trading at 1.12. The paired currency EUR/JPY was trading at 121.62. 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.