Rupee Ends 28 Paise Lower At 70.97 Against Dollar

INSUBCONTINENT EXCLUSIVE:
The rupee had settled at 70.69 against the US currency on Tuesday.The rupee declined by 28 paise to end at 70.97 against the dollar on
Wednesday
The currency opened at 70.80 and fell to 71.01 against the dollar in intraday deal
According to analysts, continuing uncertainty over the US-China trade deal affected currency market sentiment worldwide
However, robust foreign fund inflows and easing crude oil prices restricted the fall for the rupee, they added
The rupee had settled at 70.69 against the US currency on Tuesday.According to Rahul Gupta, Head of Currency, Emkay Global Financial
Services, the rupee-dollar spot market has been in a depreciating mode for the past three weeks
"Depreciation is getting capped as market has started getting doubtful of the silence amid China's attempts to push the US to remove more
and Axis Bank
The S-P BSE Sensex ended 222 points or 0.55 per cent higher at an all-time high of 40,470 and the Nifty 50 index rose 49 points or 0.41 per
crude oil - was last seen trading down at $62.79 per barrel
India's tolerance for rupee appreciation," he said.Get Breaking news, live coverage, and Latest News from India and around the world on
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