Rupee Trades Lower After Flat Opening
Business
The Indian rupee in Friday's session opened unchanged at 69.51 per dollar versus previous close 69.51.
On Thursday, rupee ended lower by 16 paise at 69.51 even though crude oil prices rose sharply.
Rupee Trades Lower After Flat Opening
Crude oil prices and prospect of interest rate cut by the central bank of the US will further weigh on the rupee's trajectory going ahead.
Yield on benchmark 10-year bond stood at 6.989%. Rupee last quoted lower at 69.56.
Meanwhile, Indian equities opened flat with a negative bias, Sensex trades lower by 75 points at 39665.76, while Nifty is seen below 11,900.
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Story first published: Friday, June 14, 2019, 9:29 [IST]
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Jun 14, 2019
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