The Indian rupee opened higher by 13 paise at 67.55/$ against US Dollar on Thursday as against the previous close of 67.68/$.
The Indian rupee opened higher by 13 paise at 67.55/$ against US Dollar on Thursday as against the previous close of 67.68/$. The rupee gained against the dollar at the Interbank Foreign Exchange today as exporters and banks stepped up dollar sale amid higher opening in the domestic equity market.
On the international front, Greenback softened against the basket of currencies, with dollar index scaling below 96. Pound is slightly above 1.34 and Euro hovering around 1.11, while Yen remains resilient at 102 levels. Indian rupee is also gradually regaining lost ground. However, there seems to be pronounced pain in Chinese Yuan and surprisingly lot of people have failed to notice it, blindsided by the recent sharp fall in other major currencies.
The Indian currency ended higher by 27 paise at 67.68/$. The local unit had hit a high of 67.79 and a low of 67.81. The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 67.74 and for Euro stood at 75.02. The RBI’s reference rate for the Yen stood at 66.21; reference rate for the Great Britain Pound (GBP) stood at 90.4928.
On the international front, Greenback softened against the basket of currencies, with dollar index scaling below 96. Pound is slightly above 1.34 and Euro hovering around 1.11, while Yen remains resilient at 102 levels. Indian rupee is also gradually regaining lost ground. However, there seems to be pronounced pain in Chinese Yuan and surprisingly lot of people have failed to notice it, blindsided by the recent sharp fall in other major currencies.
The Indian currency ended higher by 27 paise at 67.68/$. The local unit had hit a high of 67.79 and a low of 67.81. The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 67.74 and for Euro stood at 75.02. The RBI’s reference rate for the Yen stood at 66.21; reference rate for the Great Britain Pound (GBP) stood at 90.4928.
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