ક્રૂડ ઓઇલની કિંમતમાં નરમાઈને કારણે રૂપિયામાં વધારો

ભારતીય રૂપિયો 2 જુલાઈના રોજ યુએસ ડોલર સામે 32 પૈસા મજબૂત બન્યો હતો, જે આંતરરાષ્ટ્રીય ક્રૂડ ઓઇલના નીચા ભાવ અને ટ્રેડિંગ સેશનની શરૂઆતમાં સુધારેલ સેન્ટિમેન્ટ દ્વારા સમર્થિત હતું. ઘરેલું ચલણ 95.24 ની અગાઉના બંધની તુલનામાં દરરોજ 94.92 પ્રતિ યુએસ ડોલર પર શરૂ થયું.

વૈશ્વિક ક્રૂડ ઓઇલની કિંમતમાં ઘટાડાને પગલે રિકવરી જોવા મળી, જેના કારણે ભારતના આયાત બિલ અંગે તાત્કાલિક ચિંતાઓ ઓછી થઈ. However, currency markets remained cautious as the U.S. dollar stayed firm ahead of key economic data and several Asian currencies traded lower against the greenback.

ભારતીય બજારોમાં ઇન્વેસ્ટ કરો અને 5paisa સાથે ભવિષ્યની ક્ષમતાને અનલૉક કરો!

હમણાં જ એકાઉન્ટ ખોલો

Lower Crude Oil Price Supports the Rupee

A softer crude oil price provided support to the rupee during early trade. India imports a large share of its crude oil requirements and so movements in the crude oil price are an important factor for the domestic currency.

According to market data, Brent crude remained below $72 per barrel after extending losses in recent sessions. The decline followed easing geopolitical concerns in West Asia and uninterrupted crude shipments through the Strait of Hormuz, reducing pressure on global energy supplies.

એશિયન કરન્સી ટ્રેડ મિશ્ર

The broader Asian currency market presented a mixed picture on Thursday. Six out of nine regional currencies weakened against the U.S. dollar.

The South Korean won recorded the steepest decline, falling 0.289%, followed by the Indonesian rupiah, which slipped 0.251%. In contrast, the Malaysian ringgit advanced 0.135%, while the Thai baht gained 0.114%. The Japanese yen edged up 0.025%, whereas the Philippine peso and Singapore dollar traded largely unchanged.

The mixed regional performance limited the rupee’s gains despite support from the lower crude oil price.

Focus Turns To U.S. Employment Data

Market participants are also tracking the release of the U.S. non-farm payrolls report, which is scheduled later this week. The data is closely monitored for indications on the health of the U.S. labour market and its potential impact on monetary policy expectations.

The U.S. dollar remained broadly steady before the release, while higher Treasury yields continued to offer support to the American currency. Trading activity also remained relatively light ahead of the U.S. Independence Day holiday.

According to Firex, the rupee is expected to trade in the 94.80-95.50 સત્ર દરમિયાન રેન્જ. The firm noted that exporters may consider waiting before selling while maintaining a stop-loss at 94.80, whereas importers could utilise declines in the currency for their purchase requirements.

For now, the direction of the rupee is likely to depend on global currency movements, developments in the crude oil price, and the outcome of the U.S. employment report, which could influence the dollar’s trajectory in international markets.