Thursday, 28 July 2016

Rupee opens Higher at 67.06 per Dollar

The Indian rupee opened higher by 8 paise at 67.06 per dollar on Thursday versus 67.14 Wednesday. 

"The FOMC statement was neutral with no specific hints of a rate hike in the near future. 

After a 28 trillion yen fiscal stimulus, market is expecting monetary measures from BoJ today." "The USD lost ground marginally against most currencies. Passage of GST in this session will be a positive for the rupee."

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