Today Rupee opens higher at 68.05 per US dollar in market
The Indian rupee on Friday strengthened against the US dollar, tracking the gains in the Asian currencies markets.
The rupee opened at 68.05 a dollar. At 9.15am, the home currency was trading at 68.05 a dollar, up 0.11% from Thursday’s close of 68.13. So far this year, it has fallen 0.2%.
Asian currencies were trading higher after US Federal Reserve chair Janet Yellen said she favours gradually raising interest rates. South Korean won was up 0.38%, Taiwan dollar 0.31%, Philippines peso 0.13%, Thai baht 0.13%, Japanese yen 0.13%, China Offshore spot 0.12% and Singapore dollar rose 0.05%.
The dollar index, which measures the US currency’s strength against major currencies, was trading at 100.99, down 0.16% from its previous close of 101.15.
The rupee opened at 68.05 a dollar. At 9.15am, the home currency was trading at 68.05 a dollar, up 0.11% from Thursday’s close of 68.13. So far this year, it has fallen 0.2%.
Asian currencies were trading higher after US Federal Reserve chair Janet Yellen said she favours gradually raising interest rates. South Korean won was up 0.38%, Taiwan dollar 0.31%, Philippines peso 0.13%, Thai baht 0.13%, Japanese yen 0.13%, China Offshore spot 0.12% and Singapore dollar rose 0.05%.
The dollar index, which measures the US currency’s strength against major currencies, was trading at 100.99, down 0.16% from its previous close of 101.15.
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