In trade today, Indian rupee opened lower at 71.51 per US dollar versus the previous close of 71.43.
On Monday, rupee depreciated further by 29 paise to close at an over 6-month high guided by worries related to economic downturn and continuing foreign fund outflow. As per provisional exchange data, FIIs pulled out Rs. 305.74 crore on Monday.
Rupee Opens Lower At 71.51
Also, gains in the US dollar against other currencies and an increase in crude oil prices continue to weigh on the Indian currency.
Traders in the forex market are waiting for the government to intervene and facilitate revival of the slowing economy. It is anticipated that the government would sometime soon come up with sector-specific stimulus measures.
The yields on the 10-year government bonds were up 0.21% to 6.60 % from its last close of 6.59%. Bond yields and bond prices move in opposite directions.
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