Today Rupee strengthens against US dollar, opens at 67.94
The Indian rupee on Wednesday strengthened for the third consecutive session against the US dollar in opening trade.
The rupee opened at 67.94 a dollar. At 9.15am, the home currency was trading at 67.91 a dollar, up 0.08% from Tuesday’s close of 67.96. So far this year, it has gained 0.05%.
Asian currencies were trading lower after Federal Reserve’s San Francisco president John Williams said the US economy has reached its maximum employment goal and gradual interest rate increases will likely be appropriate.
The dollar index, which measures the US currency’s strength against major currencies, was trading at 100.57, up 0.22% from its previous close of 100.33.
The rupee opened at 67.94 a dollar. At 9.15am, the home currency was trading at 67.91 a dollar, up 0.08% from Tuesday’s close of 67.96. So far this year, it has gained 0.05%.
Asian currencies were trading lower after Federal Reserve’s San Francisco president John Williams said the US economy has reached its maximum employment goal and gradual interest rate increases will likely be appropriate.
The dollar index, which measures the US currency’s strength against major currencies, was trading at 100.57, up 0.22% from its previous close of 100.33.
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