The Indian rupee on Thursday was trading marginally lower against the US dollar in the opening trade.
The local currency opened at 66.95 a dollar. At 9.15am, the home currency was trading at 66.96—down 0.08% from its previous close of 66.92.
Traders are focusing on the goods and services tax (GST) meet and results of upcoming state election results on 18 February and 11 March, respectively.
Asian currencies were trading mixed. Japanese yen was up 0.27%, China renminbi 0.19%, South Korean won 0.16%, Thai baht 0.09%. However, Malaysian ringgit was down 0.18%, Taiwan dollar 0.16%, Indonesian rupiah 0.11%, Singapore dollar 0.04%.
The dollar index, which measures the US currency’s strength against major currencies, was trading at 100.95—down 0.22% from its previous close of 101.18.
The local currency opened at 66.95 a dollar. At 9.15am, the home currency was trading at 66.96—down 0.08% from its previous close of 66.92.
Traders are focusing on the goods and services tax (GST) meet and results of upcoming state election results on 18 February and 11 March, respectively.
Asian currencies were trading mixed. Japanese yen was up 0.27%, China renminbi 0.19%, South Korean won 0.16%, Thai baht 0.09%. However, Malaysian ringgit was down 0.18%, Taiwan dollar 0.16%, Indonesian rupiah 0.11%, Singapore dollar 0.04%.
The dollar index, which measures the US currency’s strength against major currencies, was trading at 100.95—down 0.22% from its previous close of 101.18.
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