INR APPRECIATES UNDER 83.90 PER US DOLLAR MARK

Published on Sep 16, 2024 16:06

Indian Rupee appreciated further today as firm equities boosted the local currency. INR currently quotes at 83.87 per US dollar, up 5 paise on the day. The US dollar index continued to slide as focus stayed on upcoming US Fed interest rate decision. Dollar index currently trades down 0.50% at 100.30 mark. Dollar index is at its nine month low right now. The domestic equity indices ended with limited gains on Monday. The Nifty ended around 25,400 level after hitting the day�s low of 25,336.20 in early afternoon trade. Media, metal and realty shares advanced while FMCG, IT and pharma shares declined. Nifty hit a fresh high in intraday moves.