Thursday 22 September 2016

Rupee Opens at 66.86 per Dollar, Gains 16 Paise

The Indian rupee gained in early trade on Thursday. It has opened higher by 16 paise at 66.86 per dollar versus 67.02 Wednesday.Get live News Updates visit us at Ripples Advisory or One Missed Call on @98-27-80-80-90 

 

"FOMC at its meeting yesterday left the Fed funds rate unchanged even while the case for hiking has strengthened. Bank of Japan has also kept its policy rate unchanged while introducing yield curve control." 

 

"Dollar weakened marginally across the board in particular against yen. This is positive for EM currencies. USD-INR trading range for the day seen between 66.75-67/dollar," he added.

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