Forex Market News

Rupee Opens Higher At 65.76 Per Dollar

The Indian rupee opened marginally higher at 65.76 per dollar on Wednesday versus 65.82 Tuesday. Yesterday the rupee closed at 16-month high at 65.82, which was last seen in November, 2015. Pramit Brahmbhatt of Veracity said, “The rupee has strong resistance at 65.80 levels and may trade sideways for the day. We expect the USD-INR pair to trade in a range of 65.80-66.30/dollar today.
The dollar was on tenterhooks in early trade as investors waited anxiously to see what clues the US Federal Reserve would soon reveal on its monetary policy outlook. Meanwhile, sterling nursed its losses after tumbling to an eight-week low in the previous session, amid worries about a prolonged and painful process of the UK’s exit from the European Union.
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