By Admin 
Rupee vs dollar: The Indian rupee again strengthened by 21 paise to 85.87 per dollar during the Ruti trading, showing strength in the global markets on Thursday. Foreign exchange traders, however, said that the rise in crude oil prices globally and the withdrawal of foreign capital has stopped a sharp lead in the local unit.
In the Inter Banking Foreign Currency Exchange Market, the rupee opened at 85.91 against the dollar. After that again it came to 85.87 per dollar. This shows the strength of 21 paise with a closed price in the last session.
Rupee strengthened 21 paise
A day ago, on Wednesday, the rupee fell three paise to close at 86.08 per dollar. Meanwhile, the dollar index, which showed the US dollar status against 6 major currencies, came down to 97.41 with a slight gain of 0.27 percent. In the domestic stock market, the Sensex jumped 163.27 points to 82,918.78 during early trade. While NSE’s Nifty-50 also rose to 25,309.10 points to 64.35 points.
International standard Brent crude gained 1.30 percent to a price of $ 68.01 per barrel. According to stock market data, foreign institutional investors (FIIs) were selling on Wednesday and purely sold shares worth Rs 2,427.74 crore.
Two days ago i.e. on Tuesday, the rupee closed at 86.05 per dollar with the highest number of 73 paise in one day in 5 years. Global oil benchmark brent crude had risen 1.43 percent to $ 68.10 per barrel in crude futures trading.
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