Rupee weakened by eight paise against dollar amid weak start of domestic stock markets.

    
        Rupee weakened by eight paise against dollar amid weak start of domestic stock markets.

After opening at 71.83 per dollar in the inter-bank foreign exchange market, it broke down to 71.89 per dollar.

On Thursday, the rupee was trading down 8 paise to 71.89 against the dollar, amid a weak opening of the domestic stock markets. After opening at 71.83 per dollar in the inter-bank foreign exchange market, it broke down to 71.89 per dollar.

The rupee had closed at 71.81 per dollar on Wednesday. Traders are waiting for some new indicators regarding the US-China trade agreement. Meanwhile, Brent crude oil futures were trading at $ 62.22 a barrel, a loss of 0.29 percent.

Let us know that on Thursday, the 30-share Sensex of the Bombay Stock Exchange came into negative territory after opening with a strong trend in early trading. It was trading at 40,610.33 points at a loss of 41.31 points or 0.10 percent. Similarly, the Nifty of the National Stock Exchange was trading at 11,981.35 points at a loss of 17.75 points or 0.15 percent in early trade.

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Created by Mohammad Shoaib.