DAILY CURRENCY MARKET 19th SEP 2019

The rupee opened 10 paise lower at 71.35 against the US dollar on Thursday. USD/INR touched intraday low of 71.07 and high of 71.38. The rupee closed 8 paise lower at 71.33 against the US dollar. The domestic currency witnessed heavy volatility in early trade after the US Federal Reserve cut its benchmark interest rate. Meanwhile, Sensex was down 470.41 points or 1.29% at 36093.47, while Nifty was down 135.90 points or 1.25% at 10704.80.

The Rupee was trading at 78.96 as against Euro. The currency pair EUR/INR opened at 78.62, which was previously close at 78.68. The Currency pair GBP/INR and JPY/INR were trading at 88.86 and 0.66 respectively. The other currencies pairs ZAR/INR, MYR/INR, SAR/INR and AED/INR were trading at 4.86, 17.00, 19.00 and 19.41 subsequently.

The USD/JPY was trading at 107.93. The currency pair EUR/USD was trading at 1.10. The paired currency EUR/JPY was trading at 119.47. Elsewhere, the currency pair GBP/USD was trading at 1.25. The other currencies pairs AUD/USD, NZD/USD, MYR/USD and SAR/USD were trading at 0.68, 0.63, 0.24 and 0.27 respectively.