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Rupee trades marginally lower at 70.46 per dollar

Rupee trades marginally lower at 70.46 per dollar

Friday, January 11, 2019, 10:52 AM

The Indian rupee is trading marginally lower at 70.46/dollar on Friday versus Thursday's close 70.41. Rupee consolidated in a-narrow-range for third-successive-session despite volatility in global crude-oil-prices and weakness in dollar against its major-crosses. In the last-couple of weeks crude has rallied over 20% which led to marginal weakness in rupee but broad-weakness in dollar has capped sharp depreciation of rupee, said Motilal Oswal.
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