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The dollar trend overseas supported the rupee but losses in

August 19, 2014

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The dollar trend overseas supported the rupee but losses in

The Indian rupee opened on a positive note on Friday and was trading marginally higher by 4 paise at 71.95 against US dollar, reported news agency Press Trust of India (PTI). According to forex dealers, slight weakness was seen in the American unit against some currencies including yen on fears that US President Donald Trump would take up trade issues with Japan. The dollar trend overseas supported the rupee but losses in domestic equities kept investors mood dampened, capping the domestic currency’s gains..

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