 "Rupee settles below 70 after three months, crude oil slides further")
The rupee traded flat at 71.07 levels against the US dollar in the early trade on Friday ahead of Interim Budget 2019 presentation due later in the day.
In the previous session, the currency edged higher by 4 paise to settle at 71.08 amid weakness in the greenback in overseas markets after the US Fed kept interest rate unchanged.
Rupee consolidated in a range of 71.00 and 71.30 on Thursday. In the first half of the session, volatility may be confined to a narrow range but post the Interim Budget announcement, volatility could increase, says Gaurang Somaiya, Research Analyst (Currency) at Motilal
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