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Rupee opens 11 paise lower against US dollar amid weak global cues

<br>Read more about Rupee opens 11 paise lower against US dollar amid weak global cues on Business Standard. On Friday, the domestic unit declined by 12 paise to close at 68.95 on the rise in demand for the greenback from importers and sell-off in domestic equities.

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Rupee opens 11 paise lower against US dollar amid weak global cues

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  1. Rupee opens 11 paise lower against US dollar amid weak global cues On Friday, the domestic unit declined by 12 paise to close at 68.95 on the rise in demand for the greenback from importers and sell-off in domestic equities. Market News: Friday, the local unit declined by 12 paise to close at 68.95 on the ascent popular for the greenback from shippers and auction in residential values. The rupee opened 11 paise lower at 69.06 against the US dollar on Monday. On In any case, the household money picked up 15 paise amid the week. This was additionally the 6th successive seven day stretch of increases for the nearby unit. Nirmal Bang Securities in its day by day money report says, "On the every day graph, the USD/INR pair has denoted a long bullish light. It is as of now exchanging underneath the entirety of its imperative moving midpoints. On the off chance that the pair breaks the 69.10 dimension on the

  2. higher side, purchasing can be started towards 69.25/69.35." In the medium-term, the rupee might be set out toward further fortifying and genuine over- valuation. A solid rupee supports imports.Read More Business Standard

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