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Rupee Opens Flat At 75.20 Per US Dollar

Roshni Agarwal
·1-min read

Rupee in Monday's trade (July 13, 2020) opens steady in comparison to previous close of 75.20 per US dollar levels. This is even as the dollar declined on policy optimism and also on strong sentiment in domestic equities.

The yield on the 10-year benchmark government bonds stood at 5.758%.

Oil prices in today's trade declined as traders awaited supply cut in the OPEC meet Brent crude fell 27 cents to $42.97 a barrel by 0114 GMT while US West Texas Intermediate crude was at $40.27 a barrel, down 28 cents.

Cases of coronavirus have scaled over 8 lakh in India while casualties have peaked to 22000 levels.

Meanwhile in line with Asian and US and European stock futures, the Indian markets shrugged off concerns around corona and continued to add to previous day's gains, with Nifty at 10867 points.

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