Rupee Snaps 3-Day Winning Streak, Closes At 70.14 Against Dollar

INSUBCONTINENT EXCLUSIVE:
with fall in domestic equities market
On a weekly basis, however, the domestic currency logged 78 paise gains
the domestic currency opened lower at 70.18 a dollar and fell further to touch the day''s low of 70.22
It finally settled at 70.14 per dollar, down 14 paise over its previous close.Brent crude futures, the global oil benchmark, fell 1.76 per
cent to $65.13 per barrel.The dollar index, which gauges the greenback''s strength against a basket of six currencies, fell 0.25 per cent
to 97.42."The Indian rupee has gained 2 per cent over the last one month to trade below 70 per US dollar
The India rupee is the best performing emerging market currency over last one month," Sunil Sharma, Chief Investment Officer, Sanctum Wealth
remained net buyers in the capital markets, putting in Rs 1,137.85 crore Thursday, as per provisional data.Meanwhile, the 30-share BSE
Sensex settled 53.99 points, or 0.15 per cent, lower at 36,671.43, while the broader NSE Nifty slipped 22.80 points, or 0.21 per cent, to
11,035.40.