Indian rupee opened 5 paise down on February 18 and is very ….

Indian rupee opened 5 paise down on February 18 and is very close to breach 87 mark again in the early trade. Remove Ad Dollar index, which tracks American currency’s value against six major currencies rose to 106.904 in early trade, as against 106.575 in the previous trading session. Currently, Brent crude oil prices were trading at $75.48 per barrel, which was up 26 cents or 0.35 percent. Brent oil prices paused on early Asian trade with prices being quoted at $ 75.11 following a drone attack on oil pipeline pumping station in Russia that reduced flows from Kazakhstan. The local currency opened at 86.9287 against the US dollar, then traded at.86.9487 against theUS dollar, as compared to 86.8788 at previous close against the greenback. The Indian rupee is currently trading at 87.05 against the U.S. dollar, up from 87.02 on Monday. The rupee was trading at 88.02 against the Euro on Monday, down from 88.05 on Monday afternoon.

Leave a Comment