The Indian rupee opened lower against dollar on Thursday, tracking tepid cues from global markets. The domestic currency started at 71.79 per dollar against Tuesday's close of 71.52. Currency markets were shut on Wednesday on account of Chhatrapati Shivaji Maharaj Jayanti.
Investor sentiments remained fragile amid coronavirus fears and sustained foreign fund outflows. The death toll from the coronavirus epidemic in China has climbed to 2,118 with the death of 114 more people, while the overall confirmed cases increased to 74,576, Chinese officials said on Thursday.
The dollar index, which gauges the greenback's strength against a basket of six currencies, fell marginally on Thursday by 0.01 per cent to 99.69.
The 10-year government bond yield was at 6.40 percent in the morning trade.
Oil prices, on the other hand, rose nearly 1 percent on Thursday, extending big gains from a day earlier.
Foreign institutional investors (FIIs) remained net sellers in the capital markets, as they pulled out Rs 190.66 crore on Wednesday, as per provisional data.
(With inputs from agencies)
First Published: Feb 20, 2020 9:36 AM IST
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