Rupee Dips Further By 7 Paise In Early Trade. 5 Developments

INSUBCONTINENT EXCLUSIVE:
Weakness in the rupee came despite a sharp pull back in crude prices last week.
Extending the losses, the Indian rupee on Tuesday dropped further by 7 paise to open at 68.20 against
the US dollar in early trade
The weakening of Indian rupee is due to month-end dollar demand from importers and banks
According to forex dealers, early losses in domestic equity markets also deliberated on the Indian rupee against US dollar
On Monday, the Indian rupee took a severe beating and ended sharply lower by 29 paise at 68.13 against the US currency.Here are 5 key
Concerns relating to US-China trade conflict hurt investor sentiment, following US President Donald Trump's threat aiming at Chinese
crude prices last week
OPEC and non-OPEC producers agreed on a modest increase in oil production from next month, without announcing a clear target for the output
(FPIs) bought shares worth Rs 198.68 crore on Monday, as per provisional data released by the stock exchanges
(With PTI inputs)