Rupee falls drastically against dollar

Mumbai: In the money market today, the dollar dropped against the rupee and it increased again. Dollar price Rs. However, it is Rs 10 at Rs 84.50 this morning. The lowest starting price is Rs. 84.06. After reaching the rupee. 83.76, price jumped again in the afternoon and Rs. Reached a high level of 83.76. Last closed price after 84.58. It was 84.53. Today, the rupee was widely upheaval against the dollar.

Dollar price fell to Rs. Today it reached 100 rupees in the market at one time. Market experts were saying that the dollar has reached a new low since October 2024 and the rupee has fallen below 84 to a new height.

According to Mumbai market experts, dollars were widely sold by various foreign banks in the early stages today. Due to the rise in the stock market and increasing the flow of dollars in the country, its positive impact on the money market was also seen. Sales of weaker rupee banks were also cut. The Global Dollar Index fell 0.56 percent against various major currencies in the world market today. The Global Dollar Index stood at the highest 100.33 and the minimum at 99.63 and finally closed at 99.69.

Inflation in Europe increased more than expected. Experts said that the dollar index has once again come down from the 100 level due to the increase in the price of euro against the dollar in the world market. The market was eyeing the data of employment growth in America. The rupee jumped in the afternoon after the dollar fell in the Mumbai market, but this boom was seen as a boom.

Meanwhile, the British pound in the Mumbai market today had a slight ups and downs in the British pound. It was stable around 112.53. The price of European currency euro declined by six paise. Euro price fell to Rs. The highest Rs. 94.74 It closed at 95.96.

The Japanese currency fell 0.90 percent against the rupee. While there was a slight decline in China’s currency. There were also rumors that some cooperative banks were buying dollars from the Mumbai market due to the alleged instructions of the Reserve Bank of India regarding the lower rate of dollars.

Foreign exchange price