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Rupee Trades Unchanged At 69.34
After the important data of CPI inflation and IIP was released on Wednesday after market hours, the Indian rupee opened almost unchanged at 69.34 per dollar on Thursday versus the previous close of 69.34. At 9:20 am, the rupee was trading at 69.35, down 0.0089%.
Yield on 10-year benchmark bonds stood at 6.985%.
CPI inflation for the month of May came in higher at 3.05%, a 7-month high while the April IIP expanded at 3.4% as manufacturing picked up pace.
In Wednesday's session, rupee gained for the second straight day to end higher by 10 paise at 69.34 per dollar as crude prices eased globally.
Meanwhile, Indian equities opened lower with Sensex down by 130.34 points at 39,626.47, while Nifty is down 39.70 points at 11,866.50
GoodReturns.in
Story first published: Thursday, June 13, 2019, 9:33 [IST]
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