Actions of the administration and security agencies on taking action by the government, the security agencies were seen in action against the smuggling of dollars. As a result of which, the value of rupee has improved considerably.
Dollar Hits 20-Day Low in Interbank Markets
Yesterday, the dollar closed at 301 rupees 16 paise at the inter-bank exchange.
Today, the value of the dollar has further declined. And the value of the dollar has decreased by one rupee and 41 paise.
At the beginning of the trading day on Tuesday, the price of the dollar has come down from 300 rupees to 299 rupees 75 paise. And at this time, the price of the dollar in the interbank has fallen to a 20-day low.
Also Read: Value of the Dollar has Decreased by 4 Rupees
On the other hand, the British pound has also seen a significant decline. The British pound has reached 370 rupees and the price of the euro has reached 316.
Riyal is 79 rupees while the Emirati dirham has become 82 rupees.