Rupee in Tuesday's trade opened lower at 75.89 versus previous closing of 75.73 per US dollar. The weakness in the home currency is mainly on account of strength in the dollar which has been boosted as there have emerged concerns of second wave of coronavirus infection.
In the bond market, the yield on 10-year bonds opened at 6.19% as compared to Monday's close of 6.17%.
Rupee Opens Lower At 75.89/ US Dollar; IIP, CPI Data Eyed
Dealers await IIP and CPI inflation numbers due to be released today.
Oil prices today have climbed as Saudi Arabia made an unexpected commitment to cut production in June which will help exhaust the global glut. Brent crude futures surged to a high of $30.11 per barrel, after receding lower by $1.34 in the previous session. U.S. West Texas Intermediate (WTI) crude futures were up 1% at $24.38.
Meanwhile, tracking weakness in Asian Shares, Indian indices are trading with sharp losses.
GoodReturns.in
Notifications
Settings
Clear Notifications
No New Notifications
Notifications
Use the toggle to switch on notifications
Block for 8 hours
Block for 12 hours
Block for 24 hours
Don't block
To start receiving timely alerts, as shown below click on the Green “lock” icon next to the address bar
Click it and Unblock the Notifications
Close X
Close X
To Start receiving timely alerts please follow the below steps:
Click on the Menu icon of the browser, it opens up a list of options.
Click on the “Options ”, it opens up the settings page,
Here click on the “Privacy & Security” options listed on the left hand side of the page.
Scroll down the page to the “Permission” section .
Here click on the “Settings” tab of the Notification option.
A pop up will open with all listed sites, select the option “ALLOW“, for the respective site under the status head to allow the notification.
Once the changes is done, click on the “Save Changes” option to save the changes.
Click it and Unblock the Notifications
Sign in with Google