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Rupee opens on a flat note at 71.06 against US dollar
The Indian rupee on Friday opened on a flat note at 71.06 against the US dollar, tracking volatility in domestic equities and unabated foreign fund outflows.
Mumbai: The Indian rupee on Friday opened on a flat note at 71.06 against the US dollar, tracking volatility in domestic equities and unabated foreign fund outflows.
At the interbank foreign exchange, the rupee opened at 71.06, showing a decline of 4 paise over its previous closing.
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The Indian rupee on Thursday closed at 71.02 against the US dollar. The domestic currency recovered some lost ground and was trading at 70.98 against the US dollar at 0940 hrs.
Domestic bourses opened on a cautious note on Friday with benchmark indices Sensex trading 28.16 points up at 39,048.55 and Nifty rising 9.20 points to 11,591.80.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.06 per cent to 97.69.