Significant decrease in the value of the dollar is being observed in the domestic exchange markets and open market. The dollar has reached Rs 293 after a big drop of Rs 5 in the open market.
According to forex dealers, after a significant drop of 5 rupees in the open market, the dollar reached 293 rupees. This decrease has resulted in a mere 6 rupee difference between interbank and open market rates.
On the other hand, in the interbank market, the buying and selling of the dollar is currently being conducted at 287 rupees, with a decrease of 97 paisa.
It is worth mentioning that the previous day, the US dollar had become cheaper by 7 rupees in the open market, resulting in a decline from 305 rupees to 298 rupees.
As per the State Bank, on Tuesday, the dollar closed at 287 rupees and 97 paisa in the interbank market, with a decrease of 34 paisa.
