DAILY CURRENCY MARKET 29th DEC 2020

Indian Rupee appreciated against major currencies except JPY. The rupee appreciated by 9 paise to close at 73.42 against the US dollar on Tuesday, tracking weakness in the American currency and positive domestic equities. The sustained foreign fund inflows also supported the rupee. On the domestic equity market front, BSE Sensex ended 259.33 points or 0.55 per cent higher at 47,613.08, while the NSE Nifty jumped 59.40 points or 0.43 per cent to 13,932.60. Rupee touched intraday low of 73.45 and high of 73.35 against US dollar. Rupee traded lower against JPY .EUR and GBP traded down against INR.

US dollar depreciated against virtually every currency in the market. USD traded down against INR, EUR,GBP, JPY, AUD, CAD, SGD etc.