Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Rupee falls 40 paise to all-time low of 81.93 against US dollar

PTI
Updated: September 28th, 2022, 10:33 IST
in Business
0
Rupee
Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

Mumbai: The rupee depreciated 40 paise to an all-time low of 81.93 against the US dollar in early trade Wednesday as the strengthening of the American currency and risk-averse sentiment among investors weighed on the local unit.

Moreover, a negative trend in domestic equities and significant foreign fund outflows sapped investor appetite, forex traders said.

Also Read

Piyush Goyal

India opens digital portal for US business towards $500 billion bilateral trade target

1 day ago
Bhala CHANDRA MOHANTY MANAGING DIRECTOR, ORICLEAN PRIVATE LIMITED

Dream, determination, dedication, drive entrepreneurship: Bhala Chandra Mohanty

1 day ago

At the interbank foreign exchange, the rupee opened at 81.90 against the greenback, then fell to 81.93, registering a fall of 40 paise over its previous closing.

On Tuesday, the rupee consolidated in a narrow range and settled 14 paise higher at 81.53 against the dollar.

The rupee opened weaker Wednesday as the dollar resumed its upward momentum supported by hawkish Fed talk, said Sriram Iyer, Senior Research Analyst at Reliance Securities.

The local unit could track the weakness of the Asian and emerging market peers, Iyer said, adding that a delay in local bonds’ inclusion for listing on a major global index this year could also cap gains.

“The Reserve Bank of India (RBI) may be present to curb volatility,” Iyer noted.

The dollar index, which gauges the greenback’s strength against a basket of six currencies, advanced 0.40 per cent to 114.55.

Meanwhile, investors are eying the RBI monetary policy meeting decision Friday.

Global oil benchmark Brent crude futures fell 1.33 per cent to USD 85.12 per barrel.

On the domestic equity market front, the 30-share BSE Sensex was trading 373.37 points or 0.65 per cent lower at 56,734.15, while the broader NSE Nifty fell 108.20 points or 0.64 per cent to 16,899.20.

Foreign institutional investors were net sellers in the capital market Tuesday as they offloaded shares worth Rs 2,823.96 crore, as per exchange data.

Tags: RupeeUS Dollar
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Sisirkumar Maharana

December 12, 2019
#MyPaperBagChallenge

Praptimayee Biswal

December 12, 2019
#MyPaperBagChallenge

Shreyanshu Bal

December 12, 2019
#MyPaperBagChallenge

Diptiranjan Biswal

December 12, 2019
#MyPaperBagChallenge

Chinmay Kumar Routray

December 12, 2019
#MyPaperBagChallenge

Aman Kumar Barisal

December 12, 2019
#MyPaperBagChallenge

Jhili Jena

December 12, 2019
#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Sipra Mishra

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Parbati Mohanty

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Surya Sidhant Rath

December 12, 2019
#MyPaperBagChallenge

Mrutyunjaya Behera

December 12, 2019
#MyPaperBagChallenge

Sitakanta Mohanty

December 12, 2019
#MyPaperBagChallenge

Spinoj Pattnaik

December 12, 2019
#MyPaperBagChallenge

Akriti Negi

December 12, 2019
#MyPaperBagChallenge

Debasis Mohanty

December 12, 2019
#MyPaperBagChallenge

Ipsita

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Amritansh Mishra

December 12, 2019
#MyPaperBagChallenge

Geetanjali Patro

December 12, 2019
#MyPaperBagChallenge

Faiza Firdous

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Mandakini Dakua

December 12, 2019
#MyPaperBagChallenge

Pragyan Priyambada

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Rajashree Pravati Mohanty

December 12, 2019

Archives

Editorial

Armageddon

War
April 8, 2026

The world is forced to pass through harrowing moments by the rantings of US President Donald Trump. In his latest,...

Read moreDetails

Unhinged

Donald Trump
April 7, 2026

It is disgraceful and a pity that US President Donald Trump has resorted to using expletives directed at Iran that...

Read moreDetails

Sobering Reality

April 6, 2026

The ongoing conflict between Iran and the US-Israel combine is beginning to tell a story far removed from the early...

Read moreDetails

War Reality

Rights & Restrictions: AAKAR PATEL
April 5, 2026

By Aakar Patel We are in the second month of what is settling in to become a long war and...

Read moreDetails
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2025 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2025 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2025 All rights Reserved by OrissaPOST