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Rupee Opens At 69.62 To The Dollar

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The Indian rupee opened at 69.62 to the dollar, a shade higher than Monday's closing of 69.67.

 

A surge in crude prices, following the Trump administration's decision to no longer grant sanctions waivers to any country that is currently importing Iranian oil, led to a fall in the Indian rupee on Monday.

Rupee Opens At 69.62 To The Dollar

However, today's gains in the rupee is after some cooling-off in crude prices.

Story first published: Tuesday, April 23, 2019, 9:05 [IST]
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