Indian Rupee opens lower at 71.29 per dollar

   By Power Corridors ,  09-Dec-2019
Indian Rupee opens lower at 71.29 per dollar

On December 6, the Indian rupee added 9 paise to close at 71.20 against the US dollar.

The Indian rupee opened lower by 9 paise at 71.29 per dollar on Monday versus Friday's close 71.20.

On December 6, the Indian rupee added 9 paise to close at 71.20 against the US dollar.

Oil prices fell on Monday after data showing China’s overall exports of goods and services shrank for a fourth straight month, sending shivers through a market already concerned about damage being down to global demand by the Sino-US trade war.

The dollar held firm after data showed surprise strength in the US jobs market, but the currency was restrained from moving higher by worries about an escalation in the US-China trade war.