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Rupee Opens Higher At 70.53

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Rupee in Friday's trade opened higher by 16 paise at 70.53 versus previous closing of 70.69 per US dollar.

Rupee Opens Higher At 70.53
 

On Thursday, rupee ended with gains after a reprieve from reports that the government would remove surcharge tax on FPIs.

Oil in the international price has gained by more than 1$ per barrel on expectations that lower prices may lead to production cut.

Yield on 10-year government bonds was trading at 6.40%

GoodReturns.in

Read more about: rupee surcharge fpi oil
Story first published: Friday, August 9, 2019, 9:04 [IST]
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