Rupee rises against US dollar amid easing crude prices | Editorji
  1. home
  2. > markets
  3. > Rupee rises against US dollar amid easing crude prices
replay trump newslist
up NEXT IN 5 SECONDS sports newslist
tap to unmute
00:00/00:00
NaN/0

Rupee rises against US dollar amid easing crude prices

Jan 28, 2020 19:52 IST

The Indian rupee on Tuesday appreciated by 12 paise to end at 71.31 against the US dollar as crude prices eased following concerns that oil demand will be hit amid rapid spread of coronavirus from China to other countries.

Although, heavy selling in domestic equities and strengthening of the greenback weighed on the domestic unit but easing crude oil prices supported the rupee.

Benchmark Brent crude oil prices moderated to $58.67 per barrel, down 1.10%.