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Rupee trades lower at 69.74 per dollar

By HUBLI SBI -
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Rupee trades lower at 69.74 per dollar The Indian rupee is trading lower at 69.74 per dollar versus previous close 69.67. On Monday the rupee ended 32 paise lower at 69.67 against the US dollar on the back of surge in crude oil prices. The dollar-rupee April contract on the NSE was at 69.71 in the previous session. April contract open interest increased 7.23% in the previous session, said ICICIdirect. We expect the USD-INR to meet supply pressure at higher levels. Utilise the upsides in the pair to initiate short positions, it added.
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Bangalore

By HUBLI SBI -
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Bangalore Bangalore Metropolis Bengaluru Clockwise from top: UB City , Infosys , Glass house at Lal Bagh , Vidhana Soudha , Shiva statue, Bagmane Tech Park ii Nickname(s): Silicon Valley of India Bangalore Show map of Karnataka Bangalore Show map of India Location in Karnataka Coordinates: 12°58′N 77°34′E  /  12.967°N 77.567°E  / 12.967; 77.567 Coordinates : 12°58′N 77°34′E  /  12.967°N 77.567°E  / 12.967; 77.567 Country   India State Karnataka Region Bayaluseemé District Bangalore Urban Established 1537 Founded by Kempegowda I Government  • Type Mayor–Council  • Body BBMP  •  Mayor Padmavathi G [1]  • Commissioner G Kumar Nayak [2] Area [3]  •  Metropolis 709 km 2 (274 sq mi) Elevation [4] 920 m (3,020 ft) Population (2011) [...
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