Rupee on September 1: Here’s how it fared against other currencies

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The Indian rupee against the dollar has ended at 73.08 today. The currency rate differs daily and is updated frequently due to change in economic performance, inflation, interest rate differentials, and capital flows. On Wednesday, the rupee snapped its four-session winning run to close 8 paise lower at 73.08 against the US dollar. This was pushed by the muted trend in the domestic equities.

The local unit opened strong at 73.05 against the greenback at the interbank forex market. In the day trade, it moved in a range of 72.92 and 73.50. It has registered a fall of 8 paise to close at 73.08.

Brent crude futures, the global oil benchmark, 0.43% to $ 71.94 per barrel.

Sensex ended at 57,338.21, down 214.18 points or 0.37%, while the broader NSE Nifty ended 55.95 points or 0.33% lower at 17,076.25. Earlier in the day, both Sensex and Nifty had hit new lifetime highs of 57,919 and 17,226 levels, respectively.

In the capital market on August 31, foreign institutional investors were net buyers. FPIs offloaded shares worth Rs Rs 3,881.16 crore, as per exchange data.

In the April-June quarter, the economic growth increased by a record 20.1%.

Check the exchange rate of currencies against the Indian rupee