Research Icon - Rupee opens 11 paise higher at 70.80/$

The Indian rupee opened higher by 11 paise at 70.80/$ on Thursday vs. its previous close of 70.91/$. Falling crude oil prices helped drive the rupee higher even as fresh capital outflows were seen.

On Thursday, the rupee rose 3 paise to close at 70.91/$ owing to the lack of cues as well as geopolitical uncertainties surrounding Brexit.

The government 10-year benchmark bond yield opened at 6.70% against the previous close of 6.69%.

Meanwhile, Indian benchmark indices traded higher today, tracking Asian markets.

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