[Latest News][6]

Best Stock Advisory Company in Indore
Commodity Market Tips
Commodity Tips
Gold
Indian Stock Market Tips
Market
MCX Tips
NCDEX tips
Nifty Future Tips
NSE BSE
NSE BSE stock
NSE BSE stock Market
Share Market Tips
Silver
Stock Market Tips

Rupee opens at over 1-year high at 65.40 per Dollar

The Indian rupee gained further in the early trade on Thursday and opened at over one year high at 65.40 per dollar, a gain of 29 paise versus previous close 65.69. Yesterday the rupee ended at a fresh 16-month high. US Fed delivered another dovish hike on Wednesday. The dollar saw a sell-off as markets reassess, the dollar beer of hikes this year.

"The state election results has led to a rally in equity markets in India on the back of FII inflows which is positive for rupee. We expect the USD-INR to trade in a range of 65.15-65.45/dollar for the day," he added.

No comments:

Post a Comment

Note: only a member of this blog may post a comment.

Start typing and press Enter to search