For Quick Alerts
For Daily Alerts

Rupee Slides Past 76 Per US Dollar


Rupee on Monday opens lower at 75.68, down 44 paise against its previous close of 75.24 per US dollar. And tracking weakness in the equities, rupee slides past 76 levels to 76.05 at around 9:15 am.

Rupee Slides Past 76 Per US Dollar

Oil prices in today's trade were further dragged lower as the governments resorted to lockdowns for curbing the spread of coronavirus infection which has taken a hit on demand outlook for the commodity as well as threatened global recession.

Brent crude futures were down $1.09 or 4% to $25.89 per barrel by 0209 GMT. West Texas Intermediate (WTI) crude futures fell 15 cents or 0.7% at $22.48 per barrel. Since the beginning of the calendar year 2020, oil has shed almost 60% in prices.

In the bond market, the yield on 10-year government bonds opened at 6.294% versus its previous close of 6.259%.

Meanwhile, decline of 10% on SGX Nifty indicate a negative opening for the Indian indices.

Read more about: rupee dollar crude bond yield
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