The euro fell against the dollar on Wednesday after a media report that France’s government is leaning toward reinstating a national lockdown to curb a resurgence in coronavirus infections.
Indian rupee is trading at the day's low at 73.77, amid selling seen in the domestic equity market.
It opened flat at 73.70 per dollar against Tuesday's close of 73.71.
At 12:14 IST, the Sensex was down 218.79 points or 0.54% at 40303.31, and the Nifty was down 46 points or 0.39% at 11843.40.
Oil prices slid more than 1 percent on Wednesday, paring the previous day’s gains, as a jump in U.S. crude inventories and surging COVID-19 cases raised fears of an oversupply of oil and weak fuel demand.
The euro fell against the dollar on Wednesday after a media report that France’s government is leaning toward reinstating a national lockdown to curb a resurgence in coronavirus infections.First Published on Oct 28, 2020 10:00 am