Mumbai: The dollar continued to fall against the rupee in the Mumbai currency market today. But the decline slowed down. Amid the rise in the stock market, overall strengthening of the rupee was seen in the currency market. This morning, after opening at Rs 83.33, the dollar price reached Rs 83.40, but after that the price fell again to Rs 83.31 and finally closed at Rs 83.32.
Meanwhile, the global index of dollar against various major currencies in the world market today is pointing towards falling by 0.25 percent from 105.57 to a low of 105.59. Market players had their eyes on the GDP figures and inflation figures to be released in America. The British pound rose by 72 paise against the rupee in Mumbai currency market today. The pound price rose to Rs 104.39 per pound and last closed at Rs 104.27. The price of European currency Euro also increased by 35 paise against the rupee to Rs 89.45 and finally the price became Rs 89.38. However, Japan’s currency today saw a decline of 0.43 percent against the rupee, while China’s currency saw a slow decline of 0.02 percent. Market sources said that after the decline in crude oil prices in the world market stopped today and then started rising again, the strengthening of the rupee against the dollar at the domestic level has slowed down.
