{"id":47158,"date":"2018-11-14T11:01:10","date_gmt":"2018-11-14T11:01:10","guid":{"rendered":"http:\/\/blastingskyhawk.com\/?p=47158"},"modified":"2018-11-14T11:01:10","modified_gmt":"2018-11-14T11:01:10","slug":"rupee-rises-67-paise-against-us-dollar-on-falling-crude-prices","status":"publish","type":"post","link":"https:\/\/blastingskyhawk.com\/english\/rupee-rises-67-paise-against-us-dollar-on-falling-crude-prices\/","title":{"rendered":"Rupee rises 67 paise against US dollar on falling crude prices"},"content":{"rendered":"<p>Mumbai<br \/>\nThe rupee appreciated 67 paise to 72 against the US dollar at the interbank foreign exchange on Wednesday after crude prices fell to a one-year low in the global market, easing concerns over expanding current account deficit and inflation.<\/p>\n<p>The rise in the rupee was also supported by dollar-selling by exporters and banks and the US unit\u2019s weakness against some currencies overseas, traders said.<br \/>\nFurthermore, a higher opening in the domestic equity market too supported the rupee.<\/p>\n<p>Brent crude, the international benchmark, dropped almost 7 per cent to a one-year low of USD 65 a barrel after the US President Donald Trump urged Organisation of the Petroleum Exporting Countries and Saudi Arabia to maintain their current policy of gradually increasing output, which helps to cap oil prices.At the interbank forex market, the rupee commenced with strength at 72.18 and appreciated further to quote 67 paise higher at 72 against the US dollar.<\/p>\n<p>Foreign institutional investors had sold shares worth Rs 494.95 crore on Tuesday, as per provisional data.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Mumbai The rupee appreciated 67 paise to 72 against the US dollar at the interbank foreign exchange on Wednesday after crude prices fell to a one-year low in the global market, easing concerns over expanding current account deficit and inflation. The rise in the rupee was also supported by dollar-selling by exporters and banks and [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":47159,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[410],"tags":[],"class_list":["post-47158","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/47158","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/comments?post=47158"}],"version-history":[{"count":2,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/47158\/revisions"}],"predecessor-version":[{"id":47161,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/47158\/revisions\/47161"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media\/47159"}],"wp:attachment":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media?parent=47158"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/categories?post=47158"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/tags?post=47158"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}