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Monday, July 8, 2019

Rupee opens lower by 15 paise at 68.57 against US dollar

The Indian rupee has opened lower by 15 paise at 68.57 against the US dollar on July 8 as strong US jobs data moderated expectations for a rate cut by Federal Reserve in coming policy meetings.

The currency closed at 68.42 a dollar on July 5 and was strengthened last week by 60 paise on optimism amid Union Budget and correction in crude oil prices.

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