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The dollar’s gains against other currencies overseas on worries over escalating trade tensions between the US and China, also impacted the rupee sentiment.
PTI
Updated:August 3, 2018, 9:45 AM IST
Image for representation
(Photo: Reuters)
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The dollar’s gains against other currencies overseas on worries over escalating trade tensions between the US and China, also impacted the rupee sentiment, a currency dealer said.
They said, a higher opening of the domestic equity market, capped the rupee’s losses.
On Thursday, the rupee had dropped by 27 paise to close at a one-week low of 68.70 against the US dollar.
Meanwhile, the benchmark Sensex recovered 223.64 points, or 0.60 per cent, to 37,388.80 in early trade.
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Source: News18