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Rupee vs Dollar: Rupee rises to 70.87 per USD amid optimism over US-China trade talks, easing oil prices

At the interbank foreign exchange the rupee opened at 70.96, then gained further ground and touched a high of 70.87, registering a rise of 20 paise over its previous close.

 
 
In the international market, gold was trading above USD 1,500 an ounce in New York on trade talk worries and economic growth concerns
The Indian currency opened lower at 71.00 per dollar and then fell further to 71.09, down 21 paise compared to its last close of Rs 70.88 on Friday.
Proceeds from the ETF will help the government meet its disinvestment target of Rs 1.05 lakh crore for the current financial year.
At the Interbank Foreign Exchange, the rupee opened at 71.22 then fell to 71.35 against the US dollar, showing a decline of 28 paise over its previous closing

Gold prices on Thursday drifted lower by Rs 497 to Rs 38,685 per 10 gram in the bullion market here, tracking a weak global trend, according to HDFC Securities

At the Interbank Foreign Exchange, the rupee opened at 71.10 then fell to 71.12 against the US dollar, showing a decline of 11 paise over its previous closing.
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