For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Rupee Opens Higher At 71.72 Per US Dollar

|

Rupee in trade on Wednesday opened at 71.72 as against previous close of 71.88.

Rupee Opens Higher At 71.72 Per US Dollar
 

Indian currency given the strength in dollar index that gained in comparison to other major currency and global sell-off in equities has been losing ground for some time now. On Monday, it again moved past 72 mark against the dollar.

In trade today, oil surged to an extent due to short selling in the commodity even though coronavirus fears are still looming and the US has warned its citizens to prepare for the outbreak.

Also crude oil on Tuesday recovered some lost ground but was weak 3% which declined as much as 5% in Monday's trade.

The yield on the 10-year benchmark bonds last closed at 6.36%.

Meanwhile, Indian indices tracking global sell off with US Dow falling as much as 3% due to fast-spreading corona virus may open lower.

GoodReturns.in

Read more about: rupee dollar crude gold bond yield
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