According to the exchange data, FII bought prices worth ₹ 3,239.14 crore on a pure basis on Thursday (March 20, 2025). File | Photo Credit: Hindu
Growing for the sixth straight session, the rupee appreciated 36 money on the US dollar on Friday (March 21, 2025) against the US dollar on a sharp increase in domestic equity markets and fresh foreign capital flows.
In the interbank foreign currency, the rupee opened at 86.26, then touched a low of 86.30 against Intrade High and Greenback of 85.93. The unit ended the 86 (provisional) session against the dollar, registering a profit of 36 money from its previous closing level.
On Thursday (March 20, 2025), the rupee remained almost flat and appreciated just 1 paisa for closing at 86.36 against the US dollar.
This is the sixth straight session of profit for the rupee, during which it added 123 money.
“We hope that the rupee will trade more on strength in domestic equities and fresh FII flows. However, positive crude oil prices may have a sharp profit. The price of USD -inr spot is expected to trade in the range of 85.80 to 86.25,” the research analyst at Mirae Astate Shoudkhan said.
Meanwhile, the dollar index, which detects the strength of greenback against a basket of six currencies, was trading 0.19% more at 104.04.
Global Oil Benchmark Brent crude fell 0.29% to $ 71.79 per barrel in futures trade.
In the domestic equity market, the 30-cheer BSE Sensx increased by 557.45 points or 0.73%, settling at 76,905.51, while the Nifty upgraded 159.75 points, or 0.69%, closed at 23,350.40 points.
According to exchange data, foreign institutional investors (FII) purchased an equity of 3,239.14 crore on a pure basis on Thursday (March 20, 2025).
Published – March 21, 2025 05:15 pm IST
