Friday, May 27, 2016

Rupee Extends Gains, Opens 15 paise Higher at 67.02/$

10:52 AM


The Indian Rupee has opened at 67.02 a dollar, up 15 paise compared to previous day's closing value of 67.17 a dollar. The Indian rupee extended gains. The currency has opened at 67.02 a dollar, up 15 paise compared to previous day's closing value of 67.17 a dollar. 
 
 
Ashutosh Raina of HDFC Bank says the equity markets are consolidating recent gains, oil is edging higher and dollar is slightly weaker, adding markets await the US Q1 GDP data.

The USD-INR pair after briefly trading above 67.50 per dollar has moved back into the 66.50-67.50 range tracking global dollar weakness and positive equities. The Indian rupee extended gains. The currency has opened at 67.02 a dollar, up 15 paise compared to previous day's closing value of 67.17 a dollar.

The USD-INR pair after briefly trading above 67.50 per dollar has moved back into the 66.50-67.50 range tracking global dollar weakness and positive equities.

Ashutosh Raina of HDFC Bank says the equity markets are consolidating recent gains, oil is edging higher and dollar is slightly weaker, adding markets await the US Q1 GDP data.
 
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