The reference rate for rupee/British pound was fixed at 90.At the Interbank Foreign Exchange forex market, the rupee opened lower at 69."The RBI in its recent MPC meet did not explicitly shift tone to accommodative from neutral which puts a question mark on the growth prospects for Indian assets. Brent crude oil last quoted at USD 70. Rupee contracts fell across curve for third day amid dollar demand from the oil importers," said VK Sharma, Head PCG & Capital Markets Strategy, HDFC Securities."Oil extended its rally to a five-month high as conflict in major producer Libya increased the risk of new supply outages.Many emerging currencies weakened in the day despite positive news flow of the USChina trade talks and US jobs reports allaying global growth fears. This suggests market participants have already priced in these news snippets and look to book profits in riskier assets which are likely more sensitive to any downside, he added.60 crore on a net basis Monday, as per provisional data.67 against the US dollar Monday amid higher dollar demand from importers and rising crude oil prices.Brent crude futures, the global oil benchmark, rose 0.64 per barrel.5142 and for rupee/euro at 78.

The dollar index, which gauges the greenback strength against a basket of six currencies, fell 0.53, while the NSE Nifty lost 61.0403.43 per cent to USD 70.50.70 points at 38,700.67 per dollar, down by 44 paise against its previous close.45 points to settle the day conical twin screw barrels Suppliers at 11,604.40 and fell further to touch the day low of 69. Mumbai: The rupee declined by 44 paise to close at 69.4 per cent, highest level since November 2018," Sharma said.19.21 per cent to 97."Rupee started the week on negative note amid surge in crude oil prices.It finally ended at 69.However, persistent foreign fund inflows supported the rupee and capped the losses to some extent, they added.23 per dollar. The BSE gauge Sensex ended lower by 161.71. Rupee contracts fell across curve for third day amid dollar demand from the oil importers," said VK Sharma, Head PCG & Capital Markets Strategy, HDFC Securities.Equity benchmarks Sensex and Nifty Monday faced high volatility and closed with losses.