On July 13 rupee ended flat at 75.19 per dollar.
Indian rupee ended lower by 22 paise at 75.41 per dollar, amid selling seen in the domestic equity market.
It opened 15 paise lower at 75.34 per dollar against previous close of 75.19 and traded in the range of 75.28-75.50.
At 14:20 IST, the Sensex was down 597.66 points or 1.63% at 36096.03, and the Nifty was down 177.70 points or 1.64% at 10625.00.The rupee ended almost flat after four days of depreciation. We feel it would remain in a range with 75.5 as a hurdle zone, said ICICIdirect.
The dollar-rupee contract on the NSE was at 75.30 in the last session. The open interest declined 2.5% in the last session, it added.
Gold prices slipped below the key USD 1,800 level on Tuesday, as the US dollar strengthened, although worries over surging coronavirus cases globally and Sino-US tensions put a floor under bullion prices.
The dollar was hemmed into narrow ranges against most currencies on Tuesday as renewed concerns about diplomatic tension between the United States and China and rising coronavirus cases put a dent in risk appetite.
Oil prices fell around 2% in early trade on Tuesday on worries that new clampdowns on businesses to stem surging coronavirus cases in California and other U.S. states could threaten the nascent recovery in fuel demand.
First Published on Jul 14, 2020 10:00 am