Rupee Trades Higher At 71.28

The domestic currency resumed trade in the new calendar year 2020 with marginal gains and at 9:02 quoted at 71.28 per US dollar against last close of 71.38.

Rupee Trades Higher At 71.28

In Tuesday's trade tracking weakness in Indian equities, rupee ended lower.

In 2019, rupee weakened as much as 2.25%. Foreign investors infused closed to $14.51 billion in Indian equities and $3.57 billion in debt.

cIn the bond market, 10-year government bond yield was at 6.549% and after the RBI's operation twist measure the yield was dragged down.

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