Forex Market News

Rupee Opens Higher At 67.53 Per Dollar

The Indian rupee opened higher by 10 paise at 67.53 per dollar on Thursday versus previous close 67.63. Mohan Shenoi of Kotak Mahindra Bank said, “US Fed rate hike this month is certain. Market focus is now on pace of future hikes. RBI did not cut policy rates as expected resulting in strengthening of the rupee.
The USD-INR is expected to trade in a range of 67.30-67.60/dollar for the day,” he added. The euro gained slightly on the dollar as investors focused on today’s European Central Bank meeting. The dollar index weakened but is holding above the 100 mark.
For Quick Trial – 8962000225 ✔
or mail us here: info@ways2capital.com
✆ – 0731-6626222 | Toll Free – 1800-3010-2007
Give a Missed Call for Free Trial – 09699997717
Advertisements
Standard

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s