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Rupee Trades Higher At 68.94

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The rupee resumed trade in Friday's session a tad higher at 69.01 versus previous session's close of 69.06. In Thursday's session, rupee for the first time since April moved below 69 levels due to the weakness in the dollar and easing crude oil price.

Meanwhile, market participants would remain cautious ahead of the G20 meet scheduled for the weekend. While, Trump has hinted that the US-China deal may be reached, any variation could further cause volatility in currencies.

Rupee Trades Higher At 68.94
 

As it is investors have been flocking to safe-haven assets and other alternative investments given the current geo and economic status globally.

Yield on 10-year benchmark bonds stood at 6.89%

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Read more about: rupee dollar crude oil g20
Story first published: Friday, June 28, 2019, 9:23 [IST]
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