Rupee opens nearly 3 paise higher at 68.20 against dollar
The Indian rupee on Thursday strengthened marginally against the US dollar, tracking gains in the Asian currencies markets.The home currency opened at 68.23 against the US dollar.
the rupee was trading at 68.17 per US dollar, up 0.11% from its previous close of 68.24. So far this year, it has fallen 3%.
Asian currencies were trading higher. Japanese yen was up 0.34%, Thai Baht 0.17%, South Korean won 0.1%, China renminbi 0.09%, Singapore dollar 0.05%. However, China Offshore spot was down 0.23%, Indonesian rupiah 0.16%.
India’s benchmark Sensex index was trading at 26,195.01 points, down 0.06% or 3.41 points from its previous close. So far this year, it has up 0.3%
The 10-year bond yield was trading at 6.617%, compared to Wednesday’s close of 6.585%. Bond yields and prices move in opposite directions.
The dollar index, which measures the US currency’s strength against major currencies, was trading at 103.09, down 0.21% from its previous close of 103.3.
Asian currencies were trading higher. Japanese yen was up 0.34%, Thai Baht 0.17%, South Korean won 0.1%, China renminbi 0.09%, Singapore dollar 0.05%. However, China Offshore spot was down 0.23%, Indonesian rupiah 0.16%.
India’s benchmark Sensex index was trading at 26,195.01 points, down 0.06% or 3.41 points from its previous close. So far this year, it has up 0.3%
The 10-year bond yield was trading at 6.617%, compared to Wednesday’s close of 6.585%. Bond yields and prices move in opposite directions.
The dollar index, which measures the US currency’s strength against major currencies, was trading at 103.09, down 0.21% from its previous close of 103.3.
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