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Last Updated : Jul 24, 2019 04:06 PM IST | Source: Moneycontrol.com

Rupee trades lower at 69 per dollar

On July 23 the Indian rupee erased most of its losses and closed marginally lower at 68.94 against the US dollar.

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Representative image
Representative image

Indian rupee is trading lower by 6 paise at 69 per dollar against previous close 68.94.

On July 23 the Indian rupee erased most of its losses and closed marginally lower at 68.94 against the US dollar amid strengthening of the greenback against major currencies and sustained foreign fund outflows.

The dollar-rupee July contract on the NSE was at 68.98 in the previous session. Open interest declined 10.18% in the previous session. We expect the USD-INR to find supports at lower levels. Utilise downsides in the pair to initiate long positions, said ICICIdirect.
First Published on Jul 24, 2019 04:02 pm

tags #Rupee

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