Rupee trades slightly higher against US dollar ahead of RBI policy
The Indian rupee on Wednesday was trading marginally higher against the US dollar ahead of the Reserve Bank of India’s (RBI) bi-monthly policy decision after 2.30pm.
The local currency opened at 67.37 a dollar. At 9.15am, the home currency was trading at 67.36, up 0.08% from its previous close of 67.41.
Asian currencies markets were trading lower. Malaysian ringgit was down 0.13%, Taiwan dollar 0.1%, Philippines peso 0.09%, China offshore 0.07% and South Korean won 0.05%. However, Japanese yen was up 0.2%.
The dollar index, which measures the US currency’s strength against major currencies, was trading at 100.31, up 0.05% from its previous close of 100.26.
The local currency opened at 67.37 a dollar. At 9.15am, the home currency was trading at 67.36, up 0.08% from its previous close of 67.41.
Asian currencies markets were trading lower. Malaysian ringgit was down 0.13%, Taiwan dollar 0.1%, Philippines peso 0.09%, China offshore 0.07% and South Korean won 0.05%. However, Japanese yen was up 0.2%.
The dollar index, which measures the US currency’s strength against major currencies, was trading at 100.31, up 0.05% from its previous close of 100.26.
Read More - Currency Updates
0 Comments