Dollar to rupee moneycontrol9/2/2023 On the domestic equity market front, the 30-share BSE Sensex advanced 74.61 points or 0.12 per cent to end at 60,130.71 points and the broader NSE Nifty gained 25.85 points or 0.15 per cent to 17,769.25 points.įoreign institutional investors were net sellers in the capital market on Monday as they offloaded shares worth Rs 412.27 crore, as per exchange data. The dollar index, which gauges the greenback’s strength against a basket of six currencies, rose 0.06 per cent to 101.40.Global oil benchmark Brent crude futures declined 0.39 per cent to USD 82.41 per barrel. The US GDP data is the next key trigger for the traders to watch out for, till then the range for the rupee can be seen in 81.75 – 82.10,” Trivedi said. Rupee vs Dollar The rupee fell 27 paise to close at 82.05 (provisional) against the US currency on Tuesday, weighed down by a strong greenback against major rivals overseas and a muted trend. ”The rupee replicated peers by staying in the range of 81.85-81.95. The rupee on Monday settled at 81.92 against the US dollar.Īccording to Jateen Trivedi, VP Research Analyst at LKP Securities, the rupee traded range bound near 81.90 as the dollar index was in the consolidation range. The Indian diaspora in Australia has increased over the past years," he added.The rupee traded in a narrow range and settled on a flat note at 81.92 (provisional) against the US dollar amid rising crude oil prices and foreign fund outflows.Īt the interbank foreign exchange market, the local unit opened at 81.95 against the US currency and finally closed at 81.92 (provisional) against the greenback, unchanged from its previous close.ĭuring the session, the rupee touched a high of 81.86 and a low of 81.96 against the dollar. "Our people-to-people contacts remain a strong pillar of our partnership. "We have progressed significantly in the areas of defence, security, investment, education, water, climate change and renewable energy, sports, science, health, culture, among others," Modi told the newspaper. He said that since his last visit the bilateral relationship has been "fundamentally transformed" by annual summits, an economic cooperation and trade agreement, and the elevation of relations to a comprehensive strategic partnership. He hoped the visit would allow both countries to identify new areas of cooperation, ranging from new technology, clean energy, critical minerals, mining, cyber space, building resilient supply chains to movement of skilled professionals, according to the interview. Australia understands India's position and it does not impact our bilateral relationship," Modi said. "An advantage of being good friends is that we can discuss freely and appreciate each other's viewpoint. He also rejected the suggestion that the bilateral relations would be harmed by India's "refusal" to criticise Russia as Australia has been high critical of the country over its war with Ukraine. Our navies are participating in joint naval exercises," he said. "The high degree of mutual trust between us has naturally translated into greater cooperation on defence and security matters. There is alignment of our strategic viewpoints," he said. "As two democracies, India and Australia have shared interests in a free, open and inclusive Indo-Pacific. He said he wants the two countries to push to realise the true potential of closer defence and security ties amid increasing defence links between the two countries recently. PM Modi arrived in Australia on Monday for the third and final leg of his three-nation tour during which he will hold talks with his Australian counterpart Anthony Albanese and attend a community event to celebrate the country's dynamic, diverse Indian diaspora. I am confident that when we are together again in Sydney, we will get the opportunity to explore how we can take our relations to the next level, identify new areas of complementariness and can expand our co-operation," he added. "I have seen that Prime Minister Albanese is the same. "I am not a person who gets satisfied easily," he was quoted by the newspaper as saying. In an interview to "The Australian" newspaper, he said he wants to take the relationship with Australia to the "next level", including closer defence and security ties to help ensure an "open and free" Indo-Pacific. Prime Minister Narendra Modi has said the Indo-Pacific region faces a number of challenges such as climate change, terrorism, security of sea lanes of communication and piracy, and asserted that India believes they can be addressed only through shared efforts.
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