Rupee in Friday's trade (July 31, 2020) opens at 74.75 versus previous day's close of 74.85 per US dollar. Meanwhile, dollar fell to an over 2-year low again as US Trump's comments over delay in elections weighed.
Yield on 10-year benchmark government bonds stood at 5.825%.
Oil prices are also set for third monthly gains before the OPEC increases its supply in the demand affected economies.
Meanwhile, Indian equities are trading lower for the third straight day .