Rupee Falls By 29 Paise To Close At 70.35 Against Dollar

INSUBCONTINENT EXCLUSIVE:
against US dollar Thursday amid strengthening of the greenback even as crude oil prices eased
Brokers said the US dollar firmed up against major global currencies following easing of tensions between the White House and the Fed, which
calmed investors' nerves
Progress in US-China trade negotiations and strong consumer spending data in the US added to the momentum, they added
At the Interbank Foreign Exchange, the rupee opened sharply lower at 70.27 a dollar against its previous close of 70.06.The domestic unit
moved in a range of 70.39 to 70.18 during the day, before closing at 70.35
80.28 crore Wednesday, while domestic institutional investors (DIIs) were net sellers to the tune of Rs 137.63 crore, provisional data
available with BSE showed
Meanwhile, the BSE benchmark Sensex jumped 157 points Thursday amid expiry of December series derivatives contracts and positive global
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