Wednesday 13 July 2016

Today's Indian Rupees Open Up

The Indian rupee opened higher by 9 paise at 67.09 per dollar on Wednesday against previous close 67.18. 


"The rupee will consolidate its gains and continue its momentum, trading at 66.75-67.45/dollar." 

Weak Yen is headed for its worst three-day slump since 2014. As investors await details of Prime Minister Shinzo Abe's fiscal stimulus plans, the pound strengthened.


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