Moneycontrol Be a Pro
Get App
Last Updated : Sep 17, 2019 03:50 PM IST | Source: Moneycontrol.com

Rupee near day's low; trades at 71.90 per dollar

On Monday the Indian rupee plunged by 68 paise to 71.59 against the US dollar amid concerns over soaring crude prices.

Moneycontrol News @moneycontrolcom
Representative image
Representative image

The Indian rupee is trading near the day's low level at 71.90, lower by 41 paise from yesterday closing. It touched intraday low of 71.97.

The local currency opened 23 paise lower at 71.82 per dollar against previous close 71.59.

On Monday the Indian rupee plunged by 68 paise to 71.59 against the US dollar amid concerns over soaring crude prices following drone attacks on Saudi Arabia's oil facilities.

Close

The dollar-rupee September contract on the NSE was at 71.69 in the previous session. Open interest increased 0.80% in the previous session, said ICICI direct.

We expect the USD-INR to find support at lower levels. Utilise downsides in the pair to initiate long positions, it added.

The Great Diwali Discount!
Unlock 75% more savings this festive season. Get Moneycontrol Pro for a year for Rs 289 only.
Coupon code: DIWALI. Offer valid till 10th November, 2019 .
First Published on Sep 17, 2019 03:50 pm

tags #Rupee

Loading...
Sections
Follow us on
Available On
PCI DSS Compliant