Indian rupee trading little changed against the US dollar
The Indian rupee on Wednesday was trading little changed against the US dollar in the opening trade.
The local currency opened at 66.93 a dollar. At 9.15am, the home currency was trading at 66.93—down 0.01% from its previous close of 66.92.
India’s 10-year bond yield was at 6.873%—from its Tuesday’s close of 6.875%. Bond yields and prices move in opposite directions. India’s benchmark Sensex index fell 0.28% or 80.12 points to 28,259.19 on Wednesday. So far this year, Sensex has risen 6.4%.
Asian currencies were trading higher. Taiwan dollar was up 0.15%, China Offshore spot 0.11%, Singapore dollar 0.06%, China renminbi 0.05%. However, South Korean won was down 0.28%, the Philippines peso 0.14%, Japanese yen 0.07%.
The dollar index, which measures the US currency’s strength against major currencies, was trading at 101.26—up 0.01% from its previous close of 101.25.
The local currency opened at 66.93 a dollar. At 9.15am, the home currency was trading at 66.93—down 0.01% from its previous close of 66.92.
India’s 10-year bond yield was at 6.873%—from its Tuesday’s close of 6.875%. Bond yields and prices move in opposite directions. India’s benchmark Sensex index fell 0.28% or 80.12 points to 28,259.19 on Wednesday. So far this year, Sensex has risen 6.4%.
Asian currencies were trading higher. Taiwan dollar was up 0.15%, China Offshore spot 0.11%, Singapore dollar 0.06%, China renminbi 0.05%. However, South Korean won was down 0.28%, the Philippines peso 0.14%, Japanese yen 0.07%.
The dollar index, which measures the US currency’s strength against major currencies, was trading at 101.26—up 0.01% from its previous close of 101.25.
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