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Thursday, August 8, 2019

Rupee opens higher at 70.80 per dollar


The Indian rupee opened higher by 9 paise at 70.80 per dollar on Thursday against previous close 70.89. 

The rupee dropped 8 paise to finish at 70.89 against the US dollar on August 7 after the RBI cut the key interest rate and lowered the growth estimate for the current fiscal. This is the fifth straight session of loss for the domestic currency, during which it has lost a hefty 210 paise, said PTI.

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