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Rupee Opens Weaker At 68.65 Against Dollar

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In Wednesday's trade rupee opened a tad lower against the US dollar taking cues from other Asian currencies that weakened ahead of speeches by officials of the Federal Reserve.

Rupee Opens Weaker At 68.65 Against Dollar
 

The domestic currency opened at 68.65 per dollar versus its previous closing of 68.55.

The dollar index, which measures the strength of the dollar against a basket of major currencies, was at 97.499, up 0.01% from its previous close of 97.489

10-year bond yields stood at 6.592% versus the last close of 6.588%.

Rupee so far during the year has surged 1.6% against the greenback. During the period, foreign investors bought $10.92 billion in Indian equities and $2.11 billion in the debt market.

GoodReturns.in

Story first published: Wednesday, July 10, 2019, 9:53 [IST]
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