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Rupee Opens Weak At 69.65

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Rupee in Tuesday's trade opens lower by 15 paise at 69.65 versus previous session's closing of 69.50.

 

Rupee Opens Weak At 69.65

In yesterday's trade rupee pared all the gains made in early trade and closed higher as the US dollar gained.

Also, the yield on benchmark 10-year bonds stood the lowest in over 1 year time at 7.16%.as crude oil prices and OMO by the RBI supported bond market.

Further, rupee's movement will be guided by GDP data that is due to be released later this week, followed by MPC meet scheduled for June 6, 2019.

GoodReturns.in

Read more about: rupee dollar gdp rbi mpc omo
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