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The rupee started on a flat to stronger note against the dollar, tracking the weakness of the greenback, Reliance Securities said in a research note.
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The de-dollarisation trend is likely to accelerate owing to the Fed’s large-scale use of quantitative easing policies
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The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.09 per cent to 90.23.
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Most of the Asian currencies are trading weaker against the dollar
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At the interbank foreign exchange, the domestic unit opened at 73.41 against the dollar
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At the interbank foreign exchange, the domestic unit opened lower at 73.51 against the dollar, registering a fall of 17 paise over its previous close.
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At the interbank foreign exchange, the domestic unit opened lower at 73.47 against the dollar
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At the interbank forex market, the local unit opened at 73.34 against the US dollar, then inched higher to 73.33, reflecting a rise of 18 paise over its last close.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.10 per cent to 90.86.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.01 per cent to 91.31.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.20 per cent to 91.12.
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The 30-share BSE Sensex was trading 363.46 points or 0.75 per cent lower at 48,418.90.
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On the domestic equity market front, the 30-share BSE benchmark Sensex was trading 369.13 points or 0.74 per cent lower at 49,396.81.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.03 per cent to 90.58.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.10 per cent to 91.
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On the domestic equity market front, the 30-share BSE benchmark Sensex was trading 276.5 points higher at 48,663.01.
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The 30-share BSE Sensex was trading 79.39 points or 0.17 per cent lower at 48,001.28.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.04 per cent to 91.12.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.14 per cent to 90.94.
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In the domestic equity market, the 30-share BSE benchmark Sensex was trading 1,189.83 points lower at 47,642.20.
