The Indian rupee (INR) today rebounded after falling beyond 70 a US dollar. At day's low, the rupee fell 70.06 as US-China trade war hit emerging market currencies. 5 things to know about INR vs USD rate today:1) Indian domestic stock markets have struggled over the past few sessions as US-China trade tensions rocked global financial markets. 2) “Global trade tensions surrounding US and China continued to rattle the Indian currency markets. 3) Rupee has support at 70.48 and if this level is breached, it could fall to 70.84 a dollar, Geojit Financial Services added.
Source: Mint May 10, 2019 06:41 UTC