Moneycontrol PRO
HomeNewsBusinessMarketsRupee ends flat at 73.57 per dollar

Rupee ends flat at 73.57 per dollar

The U.S. dollar held onto gains against major currencies on Wednesday, supported by positive U.S. economic data and concerns about a second wave of coronavirus infections in Europe and Britain.

September 23, 2020 / 14:07 IST

Indian rupee ended flat at 73.57 per dollar, amid volatile trade seen in the domestic equity market.

It opened flat at 73.58 per dollar against previous close of 73.58 and remained in the range of 73.49-73.63.

At 14:05 IST, the Sensex was down 392.20 points or 1.04% at 37341.88, and the Nifty was down 117.90 points or 1.06% at 11035.80.

The U.S. dollar held onto gains against major currencies on Wednesday, supported by positive U.S. economic data and concerns about a second wave of coronavirus infections in Europe and Britain.

Oil prices fell on Wednesday after an industry group reported a rise in U.S. crude inventories against expectations for a decline, adding to worries about demand that led to a steep selloff earlier in the week.

Moneycontrol News
first published: Sep 23, 2020 10:00 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347