Rupee Trades Lower Against Dollar - Dollar Advisory & Financial Services

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Monday 19 November 2018

Rupee Trades Lower Against Dollar

The Indian rupee was trading marginally weaker against US dollar as traders avoided taking long positions ahead of Reserve Bank of India’s key board meeting due later on Monday. The rupee was trading at 72 a dollar, down 0.11% from its Friday’s close of 71.93. The currency opened at 71.93 a dollar. The 10-year government bond yield stood at 7.82% from its previous close of 7.816%. So far this year, the rupee has declined 11.2%, while foreign investors have sold $5.30 billion and $7.72 billion in the equity and debt markets, respectively. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

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