The currency touched a high and low of 67.79 and 68.01 respectively.On the global front, Mario Draghi and the ECB Chief provided the much needed relief rally to the broader markets.
Indian Rupee opened at 67.80/$,up 22 paise in early trade on Friday as against the previous close of 68.02/$. Indian rupee has managed to regain lost ground in the overnight trading session, as global equities surged higher after ECB policy meeting. On the global front, Mario Draghi and the ECB Chief provided the much needed relief rally to the broader markets. Meanwhile, emerging market currencies continue to lose ground, with Russian ruble collapsed to a fresh low of 84, Mexican peso moved towards 19 levels. Brazilian real gets no respite as the country's central bank does not intend to hike interest rates to combat inflation.
On Thursday, the rupee ended at 68.02/$, weaker by 7 paise.The currency touched a high and low of 67.79 and 68.01 respectively.The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 68.06 and for Euro stood at 74.16 on January 21, 2016. While, the RBI’s reference rate for the Yen stood at 58.30, the reference rate for the Great Britain Pound (GBP) stood at 96.5567.
On Thursday, the rupee ended at 68.02/$, weaker by 7 paise.The currency touched a high and low of 67.79 and 68.01 respectively.The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 68.06 and for Euro stood at 74.16 on January 21, 2016. While, the RBI’s reference rate for the Yen stood at 58.30, the reference rate for the Great Britain Pound (GBP) stood at 96.5567.
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