Rupee trades marginally higher at 69.80 per dollar

24

Get real time updates directly on you device, subscribe now.

Rupee trades marginally higher at 69.80 per dollar

Rupee trades marginally higher at 69.80 per dollar
2018-12-05 12:59:43

The Indian rupee is trading marginally higher at 69.80 per dollar on Friday versus previous close 69.84.

Yesterday the rupee ended with a gain of 78 paise at against Wednesday’s closing of 70.62 per dollar on the back of falling crude oil prices. This was highest closing for rupee against dollar since August 21.

The dollar-rupee December contract on the NSE was at 70.10 in the previous session. December contract open interest declined 1.50% in the previous session, said ICICIdirect.

We expect the USD-INR to meet supply pressure at higher levels. Utilise upsides in the pair to initiate short positions, it added.

Images are for reference only.Images gathered automatic from google.All rights on the images are with their original owners.



Rupee trades marginally higher at 69.80 per dollar
2018-12-05 12:59:43

Images are for reference only.Images gathered automatic from google.All rights on the images are with their original owners.

Get real time updates directly on you device, subscribe now.

Comments
Loading...

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy