Rupee gains 19 paise as weak US jobs data drags dollar lower
The Indian rupee opened 19 paise stronger on Friday (July 3), tracking broad weakness in the US dollar after softer-than-expected American jobs data dampened expectations of an immediate interest rate hike by the US Federal Reserve. The domestic currency opened at 95.20 against the US dollar compared with Thursday’s (July 2’s) closing level of 95.39,…
