# Rupee slips 11 paise to 71.73 against US dollar ahead of GDP data

> The rupee opened weaker and fell 11 paise to 71.73 per dollar ahead of the second-quarter GDP release. Traders said the currency was in a narrow range while investors awaited clarity on the US-China trade talks.

- Date: 2019-12-01 · published 2019-12-01T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/56365-rupee-slips-11-paise-to-71-73-against-us-dollar-ahead-of-gdp-data
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

This is a routine intraday move with no new supply or demand shift for feed commodities, so the price impact is minimal.

## Read by commodity

- USDINR: bullish ▲

## Sources

- thehindu.com: https://www.thehindu.com/business/markets/rupee-slips-11-paise-to-7173-against-us-dollar-ahead-of-gdp-data/article30113386.ece

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.