For Quick Alerts
For Daily Alerts

Rupee Opens Lower At 70.85


Rupee in Tuesday's session opened lower by 8 paise at 70.85 in contrast to previous close at 70.77 per US dollar.

In the previous session, rupee rose to a 5-week high buoyed by positive developments on the US-China trade deal front and also as US reported good economic data. Also, investors eyed crucial information from the Europe.

Rupee Opens Lower At 70.85


Further, oil in trade weakened in price amid apprehension concerning output restrain by OPEC and some other nations.

Yield on 10-year benchmark bonds came in at 6.484%.

Moreover, benchmark indices on gains in other Asian markets were lifted higher in trade, Sensex gained 100 points in early trade whereas Nifty touched near 12,000 points.

Read more about: rupee dollar crude fii
Story first published: Tuesday, November 5, 2019, 9:24 [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