The Indian rupee strengthened for the third session to hit a fresh 16-month high against the US dollar ahead of the outcome of US Federal Reserve meeting due later on Wednesday.
The rupee opened at 65.76 a dollar and touched a high of 65.53, a level last seen on 3 November 2015. At 9.50am, the home currency was trading at 65.55, up 0.40% from its previous close of 65.82.
Asian currencies were trading marginally lower. Taiwan dollar was up 0.23%, Thai baht 0.13%, South Korean won 0.12%, Philippine peso 0.06% and Singapore dollar 0.06%. However, Japanese yen was down 0.07%.
The dollar index, which measures the US currency’s strength against major currencies, was trading at 101.67, down 0.03% from its Monday’s close of 101.7.
The rupee opened at 65.76 a dollar and touched a high of 65.53, a level last seen on 3 November 2015. At 9.50am, the home currency was trading at 65.55, up 0.40% from its previous close of 65.82.
Asian currencies were trading marginally lower. Taiwan dollar was up 0.23%, Thai baht 0.13%, South Korean won 0.12%, Philippine peso 0.06% and Singapore dollar 0.06%. However, Japanese yen was down 0.07%.
The dollar index, which measures the US currency’s strength against major currencies, was trading at 101.67, down 0.03% from its Monday’s close of 101.7.
Read More - Currency Updates
Written by Unknown
We are Creative Blogger Theme Wavers which provides user friendly, effective and easy to use themes. Each support has free and providing HD support screen casting.
0 comments:
Post a Comment