Smart gain! Rupee opens at 64.77/$

The currency touched a high and low of 65/$ and 64.79/$ respectively.

Indian Rupee today opened at 65.77/$ higher by 32 paise in early trade on Friday on fresh selling of the US currency by exporters and banks. On the global front, Global cues are healthy with the Dow gaining 1.87%, S&P 500 adding 1.66% and Nasdaq rising by 1.65%. Wall Street was boosted by better than expected corporate earnings by a couple of firms and among them was McDonald's. Asian markets are also well in the green. In addition, month end dollar demand for the greenback from the importers is also weighing on the domestic unit. However, the broader trend remains resilient thanks to persistent foreign capital inflows.

The currency touched a high and low of 65/$ and 64.79/$ respectively. The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 65.15 and for Euro stood at 73.97 on October 21, 2015. While, the RBI’s reference rate for the Yen stood at 54.31, the reference rate for the Great Britain Pound (GBP) stood at 100.5350.