The Indian rupee opened lower by 57 paise at 67.65/$ against US Dollar on Monday as against the previous close of 67.08/$.
The Indian rupee opened lower by 57 paise at 67.65/$ against US Dollar on Monday as against the previous close of 67.08/$.
On the economy front, Raghuram Rajan made public his intention of returning to academia after the end of his term in September. There are seven candidates to replace Reserve Bank of India governor Raghuram Rajan, according to reports.
Globally, markets are bracing for increased volatility and heavy trading, as investors position themselves to parse out the consequences of a Brexit vote. British PM warned that British exit from the EU would push the country into a huge recession.
The Indian currency ended higher by 13 paise at 67.08/$. The local unit had hit a high of 67.45 and a low of 67.78. The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 67.16 and for Euro stood at 75.45. The RBI’s reference rate for the Yen stood at 64.39; reference rate for the Great Britain Pound (GBP) stood at 95.5535.
The Indian rupee opened lower by 57 paise at 67.65/$ against US Dollar on Monday as against the previous close of 67.08/$.On the economy front, Raghuram Rajan made public his intention of returning to academia after the end of his term in September. There are seven candidates to replace Reserve Bank of India governor Raghuram Rajan, according to reports.
Globally, markets are bracing for increased volatility and heavy trading, as investors position themselves to parse out the consequences of a Brexit vote. British PM warned that British exit from the EU would push the country into a huge recession.
The Indian currency ended higher by 13 paise at 67.08/$. The local unit had hit a high of 67.45 and a low of 67.78. The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 67.16 and for Euro stood at 75.45. The RBI’s reference rate for the Yen stood at 64.39; reference rate for the Great Britain Pound (GBP) stood at 95.5535.
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