Rupee opens at 64.97/$

The currency touched a high and low of 64.94$ and 64.99/$ respectively.

Indian Rupee today opened at 64.97/$ in early trade on Tuesday. On the global,  Global markets are not offering any encouraging cues. In fact most of them are in the red. US stocks fell after new home sales came in less than expected. In international markets, market participants will prefer to remain on the sidelines ahead of US FOMC policy meeting statement tomorrow. Markets will also keep an eye on US advance Q3 GDP readings.

The rupee ended at 64.96/$ from its previous close of 64.82/$ on Friday. The currency touched a high and low of 64.94$ and 64.99/$ respectively. The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 64.96 and for Euro stood at 71.64 on October 26, 2015. While, the RBI’s reference rate for the Yen stood at 53.63, the reference rate for the Great Britain Pound (GBP) stood at 99.5452.