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Rupee opens 10 paise up at 71.24 against dollar

Rupee opens 10 paise up at 71.24 against dollar

Tuesday, February 11, 2020, 1:40 PM

Rupee opened 6 paise higher at 71.24 against the US dollar following some selling in the American currency by banks and exporters. On the domestic front, market participants will be keeping an eye on inflation and IIP that will be released tomorrow and the weaker-than-expected number could keep gains capped for the currency. Last-month, industrial-production witnessed growth, but prior to which contracted for three-consecutive-months.
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