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Rupee trades flat against US dollar on Wednesday
Jun-16-2021

Indian rupee was trading flat against the US dollar on Wednesday, tracking weak domestic equities and nervousness ahead of the important US Federal Reserve meeting outcome for further cues. Foreign Institutional Investors (FIIs) bought shares worth Rs 633.69 crore, while Domestic Institutional Investors (DIIs) were net sellers to the tune of Rs 649.29 crore in the Indian equity market on Tuesday, exchange data showed.

The partially convertible currency is currently trading flat from its previous close of 73.31 on Tuesday. The currency touched a high and low of 73.3400 and 73.2625 respectively. The reference rate for the dollar stood at 72.84, and for Euro stood 88.72 on June 8, 2021. While the reference rate for the 100 Yen stood at 66.55, the reference rate for the Great Britain Pound (GBP) stood at 103.13.

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