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Rupee Opens Higher At 71.21

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Rupee in Tuesday's trade opened higher by 15 paise at 71.21 as against previous close of 71.36 per US dollar.

Oil market retreated to levels of $50 per barrel as OPEC summoned a meet to discuss on the impact on global demand due to corona virus affliction.

Rupee Opens Higher At 71.21
 

In the bond market, yield on 10-year benchmark bonds was at 6.49%. At 9:15 am, however the rupee quoted higher at 71.23 per dollar.

Meanwhile, after closing on a positive note on Monday, Indian equities surged by as much as 1%.

GoodReturns.in

Read more about: rupee dollar crude oil
Story first published: Tuesday, February 4, 2020, 9:22 [IST]
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