The dollar rose further at the close of trading on the interbank market.
According to the details, the rupee continued to depreciate during the trading session in the interbank market today and the dollar remained stable. During the trading session, the value of the dollar rose sharply by one rupee and 24 paise. Surprisingly, however, the increase did not stop there and at the end of the trading session, the dollar rose by another 29 paise, after which the dollar rose by a total of 53 paise to close at 159.83 paise. It is also worth mentioning here that the dollar closed at Rs 158.31 after a slight increase yesterday.
In the open market, the dollar has risen by Rs 2, after which the dollar is being sold at Rs 160.30. Experts are expressing concern over the rising value of the dollar.
On the other hand, the stock market is also in a slump today. The 100 Index was at 40,652 points at the beginning of trading, but so far it has declined by 107 points, the index has come down to 40,545 points.
Interbank closing #ExchangeRate for today: https://t.co/pFnneFqF12 pic.twitter.com/qwdoEMMOne
