{"id":12283,"date":"2021-12-30T16:16:28","date_gmt":"2021-12-30T10:46:28","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-rupee-close-11\/"},"modified":"2021-12-30T16:18:07","modified_gmt":"2021-12-30T10:48:07","slug":"biz-rupee-close-11","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-rupee-close-11\/","title":{"rendered":"Rupee jumps 29 paise to close at 74.42 against US dollar"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3904910028\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Mumbai, Dec 30 (PTI) The rupee surged 29 paise to close at 74.42 (provisional) against the US dollar on Thursday following year-end dollar selling by banks and exporters amid muted domestic equities.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2559460181\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p>At the interbank forex market, the local unit opened strong at 74.56 against the greenback and witnessed an intra-day high of 74.38 and a low of 74.65. It finally settled at 74.42, a rise of 29 paise.<\/p>\n<p>In the previous session, the rupee had settled just one paisa lower at 74.71 against the US dollar.<\/p>\n<p>&#8220;Rupee, after Wednesday\u2019s pause, started heading north to monthly high on expectation of better inflows going ahead and dollar selling from exporters on year-end. Central bank\u2019s remain aside from intervening and technical selling has been seen accelerated in USDINR on breaking of support 74.50,&#8221; said Dilip Parmar- Research Analyst, HDFC Securities.<\/p><div class=\"trade-content_5\" id=\"trade-172364411\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>On the domestic equity market front, the BSE Sensex ended 12.17 points or 0.02 per cent lower at 57,794.32, while the broader NSE Nifty declined 9.65 points or 0.06 per cent to 17,203.95.<\/p>\n<p>Meanwhile, the dollar index, which measures the greenback&#8217;s strength against the basket of six currencies, rose 0.26 per cent to 96.18.<\/p>\n<p>Brent crude futures, the global oil benchmark, fell 0.68 per cent to USD 78.69 per barrel.<\/p>\n<p>Foreign institutional investors were net sellers in the capital market on Wednesday, as they offloaded shares worth Rs 975.23 crore, as per exchange data. PTI DRR  DRR BAL BAL<\/p>\n<div class=\"trade-after-content\" id=\"trade-2676670182\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Mumbai, Dec 30 (PTI) The rupee surged 29 paise to close at 74.42 (provisional) against the US dollar on Thursday following year-end dollar selling by banks and exporters amid muted domestic equities. At the interbank forex market, the local unit opened strong at 74.56 against the greenback and witnessed an intra-day high of 74.38 and [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1795,31],"tags":[],"class_list":["post-12283","post","type-post","status-publish","format-standard","hentry","category-foreign-exchange-and-rupee-price","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Rupee jumps 29 paise to close at 74.42 against US dollar - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-rupee-close-11\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rupee jumps 29 paise to close at 74.42 against US dollar\" \/>\n<meta property=\"og:description\" content=\"Mumbai, Dec 30 (PTI) The rupee surged 29 paise to close at 74.42 (provisional) against the US dollar on Thursday following year-end dollar selling by banks and exporters amid muted domestic equities. 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