The Indian rupee opened flat on Thursday at 71.65/$ vs. previous close of 71.66 against US Dollar.
The local unit settled higher on Wednesday by 20 paise at 71.65 against the US dollar in-line with other Asian currencies, helped by lower crude oil prices.
Besides, foreign institutional investors (FIIs) sold shares worth Rs3,336.6cr while domestic institutional investors (DIIs) bought shares of worth Rs2,785.67cr, as provisional data available on the NSE showed.
Asian stocks were trading lower amid the rapid global spread of the coronavirus left investors on edge. Oil prices hit lows as transportation would be worst hit sector as clampdown in most countries continues.
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