ZCZC
BCN-26
INDIA-RUPEE-USD
Rupee rises 15 paise to 68.92 vs USD in early trade
Mumbai, Jun 28, 2019 (BSS/PTI) – The rupee appreciated by 15 paise to
68.92 against the US dollar in opening trade Friday, driven by positive
opening in domestic equities and easing crude oil prices.
The rupee opened strong at 69 at the interbank forex market then gained
further ground to touch 68.92 per dollar, displaying gains of 15 paise
against the greenback.
Rupee is trading in a narrow range as forex traders took a cautious
approach ahead of the G20 Summit, which is taking place amidst ongoing US-
China trade tiff and rising tensions in the Middle East, say experts.
On Tuesday, the rupee had settled at 69.07 against the US dollar.
Foreign funds pulled out Rs 0.71 crore from the capital markets on a net
basis Thursday, provisional data showed.
The benchmark BSE Sensex was trading with gains of 42.13 points, or 0.11
per cent to quote at 39,628.54 while the NSE Nifty was trading at 11 up 17
points, or 0.14 per cent.
Meanwhile, brent crude, the global benchmark, was trading at 66.24 per
barrel lower by 0.47 per cent.
BSS/PTI/HR/1050