Rupee slips 16 paise to 69.10 vs USD in early trade

July 24, 2019 10:22

The rupee opened on a weak note and declined by 16 paise to 69.10 against the US dollar in opening trade on Wednesday, amid sustained foreign fund outflows and rising crude oil prices. Forex traders said, cautious opening in domestic equities and strengthening of the US dollar vis-a-vis against other currencies overseas kept pressure on the Indian rupee.

The rupee opened weak at 69.10 at the interbank forex market, down 16 paise over its last close. The rupee had settled at 68.94 against the US dollar on Tuesday. Forex traders said the rupee is expected to trade in a narrow range ahead of the much crucial European Central Bank policy statement to be released on Thursday. -- PTI

« Back to LIVE

TOP STORIES

'Virat Kohli opens and Rohit Sharma bats at No. 3'

Former all-rounder Ajay Jadeja believes that India skipper Rohit Sharma should push himself to the number three spot and promote Virat Kohli to the opening position during next month's T20 World Cup in the Americas.

Women Of My Billion Review: Honest And Hopeful

Women Of My Billion is stark and disturbing, but at the end of it Srishti Bakshi is still able to say, 'My India is not beyond repair', observes Deepa Gahlot.

9 Super Summer Holiday Options For Families

Looking for fun things to do as family during this sunny season?

Aamir's Dream Comes True

Sridevi's younger daughter Khushi and Aamir Khan's elder son Junaid are coming together for a film, to be directed Aamir's trusted director, the very talented Advait Chandan (Secret Superstar, Laal Singh Chaddha).

Helicopter on way to pick up Shiv Sena leader crashes in Maha

While the pilot suffered injuries, the helicopter's rotor blades got damaged in the incident.