Today Rupee trades marginally higher against US dollar
The Indian rupee on Thursday was trading marginally higher against the US dollar in opening trade, tracking gains in the local equity markets.
The local currency opened at 66.76 a dollar. the home currency was trading at 66.77, up 0.11% from its previous close of 66.83.
Most Asian currencies were trading lower after US Federal Reserve officials prompted gains in the dollar by signalling increased willingness to tighten monetary policy as early as March.
The dollar index, which measures the US currency’s strength against major currencies, was trading at 101.89, up 0.13% from its previous close of 101.78.
The local currency opened at 66.76 a dollar. the home currency was trading at 66.77, up 0.11% from its previous close of 66.83.
Most Asian currencies were trading lower after US Federal Reserve officials prompted gains in the dollar by signalling increased willingness to tighten monetary policy as early as March.
The dollar index, which measures the US currency’s strength against major currencies, was trading at 101.89, up 0.13% from its previous close of 101.78.
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