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RUPEE ENDS NEAR DAY’S LOW AT 72.91 PER DOLLAR

Rupee appreciated against most of the currency in the basket except GBP and CNY. Indian Rupee appreciated ahead of US Federal Reserve monetary policy meeting. US Federal Reserve is expected to continue with its ultra-lose monetary policy. At the interbank forex market, the rupee opened at 72.89 against the American currency and hit an intra-day high of 72.78 and a low of 72.93 in day trade. It finally finished at 72.91, higher by 4 paise over its last close.

On the domestic equity market front, the BSE Sensex ended 937.66 points or 1.94 percent lower at 47,409.93, while the broader NSE Nifty declined 271.40 points or 1.91 percent to 13,967.50.

USD traded up against EUR, JPY, GBP, CAD, SGD, AUD, SEK etc.





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