Forex traders said the rupee is hovering around 80 level as the overall gains in crude prices in the last few days, wherein
Moreover, rising current account deficit and trade deficit also weighed on investor sentiments.
At the interbank foreign exchange, the rupee opened at 80.03 against the US dollar, then fell to a record low of 80.06, registering a decline of just 1 paisa over the last close.
On Wednesday, the rupee for the first time settled below the 80-level against the US currency due to strong dollar demand from importers and fiscal slippage concerns.
Meanwhile, the
Global oil benchmark Brent crude futures fell 0.67 per cent to USD 106.20 per barrel.
According to Anil Kumar Bhansali, Head of Treasury,
"The Euro and GBP are higher while Asian currencies are lower against the dollar. We have the
On the domestic equity market front, the 30-share
Foreign institutional investors remained net buyers in the capital market on Wednesday as they purchased shares worth Rs 1,780.94 crore, as per exchange data.
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