Thursday, 4 June 2015

Rupee breaches 64.09/$

The local unit hit a low of 64.38 and a high of 64.46 against the US dollar

The rupee today opened at 64.09 against the US dollar. The local unit hit a low of 64.38 and a high of 64.46 against the US dollar.

On Wednesday, the rupee closed at 63.91 against the US dollar.

Global cues are mostly positive. Dow and S&P notched up some gains while Nasdaq closed up almost half a percent. Among the Asian markets, the Nikkei is up 0.3% while Hong Kong’s Hang Seng has gained 0.4%. China’s Shanghai index is marginally up.

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