{"id":4082,"date":"2018-07-27T00:36:26","date_gmt":"2018-07-27T00:36:26","guid":{"rendered":"http:\/\/151.106.38.4\/2018\/07\/27\/rupee-ends-at-1-week-high-of-68-66-against-dollar\/"},"modified":"2018-07-27T00:36:26","modified_gmt":"2018-07-27T00:36:26","slug":"rupee-ends-at-1-week-high-of-68-66-against-dollar","status":"publish","type":"post","link":"https:\/\/nagalandpost.net\/index.php\/2018\/07\/27\/rupee-ends-at-1-week-high-of-68-66-against-dollar\/","title":{"rendered":"Rupee ends at 1-week high of 68.66 against dollar"},"content":{"rendered":"

<\/p>\n

The rupee rose by 13 paise to close at a fresh one-week high of 68.66 against the US dollar as steady unwinding of the greenback by exporters and banks helped the local unit to extend gains for the second day.<\/p>\n

A rally in domestic stock markets coupled with positive trade-related headlines provided an additional boost and largely weighed on the trading front despite rise in crude prices.<\/p>\n

Forex sentiment witnessed a revival of enthusiasm as currency traders took comfort in the encouraging meeting outcome after US President Donald Trump obtained concessions from the European Union to avert a transatlantic trade war.<\/p>\n

The dollar tumbled to a two-week low against a basket of major currencies on easing trade tensions between the US and the European Union.<\/p>\n

On the energy front, crude prices rallied after Saudi Arabia suspended its oil shipments through a key Red Sea strait. The benchmark Brent for September settlement was trading higher at USD 74.32 a barrel in early Asian trade.<\/p>\n

The rupee resumed higher at 68.71 from previous close of 68.79 at the Interbank Foreign Exchange (forex) market and extended the positive momentum through the Asian session to hit a session high of 68.62.<\/p>\n

But, the Indian rupee came off the days high against the dollar in late afternoon trade on bouts of dollar demand and settled the day at 68.66, revealing a gain of 13 paise, or 0.19 per cent.<\/p>\n

It has now strengthened by 28 paise against the USD in last two days.<\/p>\n

The Financial Benchmarks India private limited (FBIL), meanwhile, fixed the reference rate for the dollar at 68.7017 and for the euro at 80.6045.<\/p>\n

 <\/div>\n","protected":false},"excerpt":{"rendered":"

Rupee ends at 1-week high of 68.66 against dollar<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-4082","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts\/4082","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/comments?post=4082"}],"version-history":[{"count":0,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts\/4082\/revisions"}],"wp:attachment":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/media?parent=4082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/categories?post=4082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/tags?post=4082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}