Rupee Opens Lower At 69.26

Rupee resumed trading on Thursday on a weaker note and opened lower at 69.26 versus previous session closing of 69.15.

Domestic equity markets upsurge kept the rupee strong in the yesterday's trade, which jumped by 21 paise and ended higher.

Optimism gained ground after the US Trdae Secretary said the US and China are close to crack a deal and this could be achieved as early as the weekend.

So, for now the volatility in the rupee and other major currencies is expected to remain range-bound ahead of the G-20 meet and GDP data.

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