For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Rupee Trades Lower At 69.41 Ahead Of RBI Policy Outcome Today

|

The Indian rupee on Thursday opened weak at 69.40, down 14 paise, in comparison to Tuesday's close of 69.26. On Wednesday, the currency and equity markets were closed on account of Ramzan Id.

Rupee Trades Lower At 69.41 Ahead Of RBI Policy Outcome Today
 

The currency was last trading lower at 69.418 per US dollar.

On the last trading session, the rupee ended unchanged at 69.26 ahead of the crucial RBI monetary policy outcome due to be released today. RBI is expected to cut key policy rates by 25 basis points and change its stance to 'accommodative' from the earlier retained 'neutral' stance in the wake of the recent GDP numbers.

Meanwhile, Indian equities market trade lower, with Sensex down by 100 points at 39984.84 while Nifty also trades 12000.

GoodReturns.in

Read more about: rupee dollar rbi mpc monetary policy
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more