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BW Businessworld

Rupee Hits One-Week High At Open

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The rupee hits a one-week high of 61.94 in opening deals, its highest since 2 January. Currently, the pair trading at 61.98/99 versus its close of 62.07/08 on 9 January, tracking broad losses in the dollar versus other majors.

USD/INR seen moving in a range of 61.80 to 62.20 in the first half of the session and then monitor shares for direction. The Sensex is down 0.2 per cent.

Asian currencies trading mostly stronger compared with the dollar. The index of the dollar against six major currencies down 0.11 per cent.

(Reuters)


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economy india news 8 dollar rupee asian currencies