For Quick Alerts
For Daily Alerts

Rupee Slips Past 70 Level On Fresh US-China Trade Spat


Rupee slips past 70 mark at the opening to trade at its lowest level since May 17 of 70.14, declining 55 paise in comparison to previous day's closing of 69.59.

Rupee Slips Past 70 Level On Fresh US-China Trade Spat

On Friday, also there was similar downtrend seen in the home currency which was weighed down to a fresh escalation in US-China trade war and surging oil prices.

Earlier in the past week, the US announced to impose additional 10% tariff on Chinese goods worth US$ 300 billion.

Meanwhile, Indian equities also have dragged down heavily by as much as 500 points on the Sensex.

Story first published: Monday, August 5, 2019, 9:36 [IST]
Company Search
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more