Dollar up by Rs2.11 against rupee in four days

By: News Desk      Published: 02:43 PM, 18 Jun, 2020
Dollar up by Rs2.11 against rupee in four days

It seems no one can stop the US dollar from bulldozing the rupee as it gained another 64 paisas in inter-bank rate and was available for Rs166.35 by the time the session closed on Thursday, reported 24NewsHD TV channel.

The latest gains mean the dollar was up by Rs2.11 against the local currency during trading in the first four days of the week.

Meanwhile, the dollar reached the level of Rs166.60 in the open market after gaining 60 paisas.

On the other hand, the euro was up by 19 paisas in inter-bank rate and by Rs1 in the open market, closing at Rs186.96 and Rs186.50 respectively.

But there was no change in the pound sterling price in inter-bank rate as it closed the session at the previous day’s level of Rs208.26. However, the pound gained Rs1 in the open market and was traded for Rs209.

On June 5, the dollar had reached the level of Rs163.30 while it currently stands at Rs166.35, representing a gain of Rs3.05 against the local currency.

Similarly, the dollar is now available for Rs166.60 in the open market, which means it is up by Rs3.10 when compared with the value recorded on June 5.

If we have a look at the pound and the euro since June 5, the two currencies were available at Rs206.70 and Rs185.45 respectively in inter-bank trading. And in the open market, the pound was traded at Rs205 and the euro at Rs182.50.

Since then, the pound is up by Rs1.54 in inter-bank trading and by Rs4 in open market. Similarly, the euro has moved upwards with a gain of Rs1.51 in inter-bank rate and of Rs4 in open market.