For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Rupee Opens Lower At 71.22

|

Rupee in Thursday's trade resumed at a weak note, dropping 14 paise against previous session's close of 71.08 per US dollar.

Rupee Opens Lower At 71.22
 

In the previous session, just before the trading holiday on October 2, rupee fell on account of heavy selling in equities as well as gain in crude continued to pressure on the home currency.

Also, the government last week iterated that it will continue with its borrowing programme for the second half of the fiscal year, which saw the bond yield drag lower.

Meanwhile, indices today opened sharply lower, Nifty is trading below 11,280 points while Sensex is also down by more than 250 points.

Notably, the sentiment in the local indices will be governed largely by the direction from the US-China trade talk that is slated for October 10.

GoodReturns.in

Read more about: rupee dollar crude fii
Story first published: Thursday, October 3, 2019, 9:31 [IST]
Company Search
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
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