Friday, 26 June 2015

Rupee opens at 63.64/$

The local unit hit a low of 63.64 and a high of 63.61 against the US dollar. 

rupee
The rupee today opened at 63.59 against the US dollar. The local unit hit a low of 63.64 and a high of 63.61 against the US dollar.

On Thursday,  rupee ended at 63.62 against the US dollar.  US market saw minor losses with Dow, S&P 500 and Nasdaq closing marginally lower.

Asian stocks are headed south for now. China's Shanghai Composite has crashed by 4% in early trade.

The rupee, which ended flat for two days in a row, will also be eyed. In US, healthcare stocks rallied after the U.S. Supreme Court upheld tax subsidies key to President Barack Obama's signature healthcare reform law. 

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