The rupee traded lower by 4 paise at 69.55 against the US dollar, as rising crude oil price concerns weighed on investor community. Forex traders said, rupee is trading in a narrow range as prospects of an interest rate cut by the US Federal Reserve kept investors edgy. Besides, strengthening of the American currency in the overseas market and weak opening in domestic equities weighed on the local unit. For More Information Please Visit : www.dollaradvisory.com/index.php/welcome/freetrial and Call : +91 9111-179961
The rupee traded lower by 4 paise at 69.55 against the US dollar, as rising crude oil price concerns weighed on investor community. Forex traders said, rupee is trading in a narrow range as prospects of an interest rate cut by the US Federal Reserve kept investors edgy. Besides, strengthening of the American currency in the overseas market and weak opening in domestic equities weighed on the local unit. For More Information Please Visit : www.dollaradvisory.com/index.php/welcome/freetrial and Call : +91 9111-179961
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