 "Rupee settles below 70 after three months, crude oil slides further")
The rupee opened 26 paise higher at 69.88 against the US dollar on Wednesday amid a sharp fall in crude oil prices.
The domestic unit Monday recovered by 4 paise to close at 70.14, aided by weak crude oil prices and the dollar's losses in global markets due to political uncertainty in the US.
On Wednesday, oil prices were mixed as the US benchmark rebounded from steep losses in the previous session, even though concern over the health of the global economy continued to overshadow the market in the longer term.
US West Texas Intermediate (WTI) crude futures, were up
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