The Indian rupee on Wednesday was trading marginally higher against the US dollar ahead of the Reserve Bank of India’s (RBI) bi-monthly policy decision after 2.30pm.
The local currency opened at 67.37 a dollar. At 9.15am, the home currency was trading at 67.36, up 0.08% from its previous close of 67.41.
Asian currencies markets were trading lower. Malaysian ringgit was down 0.13%, Taiwan dollar 0.1%, Philippines peso 0.09%, China offshore 0.07% and South Korean won 0.05%. However, Japanese yen was up 0.2%.
The dollar index, which measures the US currency’s strength against major currencies, was trading at 100.31, up 0.05% from its previous close of 100.26.
The local currency opened at 67.37 a dollar. At 9.15am, the home currency was trading at 67.36, up 0.08% from its previous close of 67.41.
Asian currencies markets were trading lower. Malaysian ringgit was down 0.13%, Taiwan dollar 0.1%, Philippines peso 0.09%, China offshore 0.07% and South Korean won 0.05%. However, Japanese yen was up 0.2%.
The dollar index, which measures the US currency’s strength against major currencies, was trading at 100.31, up 0.05% from its previous close of 100.26.
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