Rupee Opens Lower At 69.60 Against US Dollar

Rupee Opens Lower At 69.60 Against US Dollar

Monday, June 24, 2019
The Indian rupee has opened lower by 5 paise at 69.60 against the US dollar on June 24 amid rising crude oil prices due to US-Iran tensions.

The currency closed 69.55 a dollar on Friday.

Last week, it gained 23 paise on likely FII inflow after dovish monetary policy from Fed & ECB. Although it fell 14 paise against US dollar on Friday due to escalated US-Iran tensions which lifted crude oil prices.

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