The local unit hit a low of 63.68 and a high of 63.66 against the US dollar.
The rupee today opened at 63.64 against the US dollar. The local unit hit a low of 63.68 and a high of 63.66 against the US dollar.
On Tuesday, rupee ended at 63.53 against the US dollar. Global cues are positive for now. US indices ended with slight gains even as the Nasdaq saw a record close. The Greece issue remains on investors mind while progress remains slow here. Crude oil price saw some firming up and appreciation of the US dollar against major other currencies kept gains in check.
Federal Reserve Governor Jerome Powell on Tuesday said he was prepared to raise interest rates twice this year, once in September and once in December, as long as the economy performs as expected.
Asian market is in the green for now. China’s Shanghai index is up over a percent after some choppiness on Tuesday. The HSBC/Markit Flash China Manufacturing Purchasing Managers’ Index (PMI) edged up to 49.6, a three-month high, from 49.2, but remained below the 50 mark which separates contraction from expansion.
On Tuesday, rupee ended at 63.53 against the US dollar. Global cues are positive for now. US indices ended with slight gains even as the Nasdaq saw a record close. The Greece issue remains on investors mind while progress remains slow here. Crude oil price saw some firming up and appreciation of the US dollar against major other currencies kept gains in check.
Federal Reserve Governor Jerome Powell on Tuesday said he was prepared to raise interest rates twice this year, once in September and once in December, as long as the economy performs as expected.
Asian market is in the green for now. China’s Shanghai index is up over a percent after some choppiness on Tuesday. The HSBC/Markit Flash China Manufacturing Purchasing Managers’ Index (PMI) edged up to 49.6, a three-month high, from 49.2, but remained below the 50 mark which separates contraction from expansion.
No comments:
Post a Comment