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Rupee Trades Lower At 71.32

Roshni Agarwal

Rupee resumed trade in Monday's session at a still weaker note as against Friday's close of
Oil also retreated lower due to better prospects with regard to the US-China deal as investors continue. This would lend a support to the rupee even as the country's sovereign rating has been downgraded by Moody's investor services.

Yield on 10-year benchmark bonds stood at 6.552%.

Meanwhile, on the back of weak sentiment across Asian markets, Indian markets are set to open lower. In the pre-opening benchmark indices opened little unchanged.

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