Friday, July 10, 2015

Rupee appreciates against dollar

10:09 AM


Recovering from a two day fall, rupee appreciated 13 paise to hits day's high of 63.47 against dollar in intraday today after minutes from the recent Federal Reserve policy meeting show that US policy makers remained cautious about outlook of the world's largest economy, signaling a possible delay in the kick start of interest rate hike cycle.The domestic currency had fallen 14 paise in the preceding session to close at a one week low of 63.60, thanks to steady dollar demand from state owned banks and importers. The dollar index, which tracks dollar against major world currencies, fell 0.3 percent to 96.24.Euro was up at 1.10 against dollar.Meanwhile, the Greek PM Tsipras has promised international creditors of initiating 'credible reforms'. 

Read More For Forex News :- Forex Tips

Written by

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

 

© 2015 Forex News. All rights resevered. Designed by Forex News