Rupee Jumps To 10 Paise Against Dollar To 64.49    

The dollar’s reduced clout overseas amid uncertainty about prospects of US tax cuts and domestic stock markets opening high were instrumental in the rupee’s rise - Sakshi Post

The dollar’s reduced clout overseas amid uncertainty about prospects of US tax cuts and domestic stock markets opening high were instrumental in the rupee’s rise

Mumbai: The rupee advanced 10 paise to 64.49 against the dollar on Thursday as the US Federal Reserve held off on rates and kept the window open for a December hike. Banks and exporters kept to dollar selling.

The dollar's reduced clout overseas amid uncertainty about prospects of US tax cuts and domestic stock markets opening high were instrumental in the rupee's rise, traders said. On Wednesday, the rupee had surged a solid 16 paise to end at an over one-month high of 64.59 against the US currency following heavy dollar unwinding.

The benchmark Sensex was trading higher by 45.53 points, or 0.13 per cent, at 33,645.80 in early session on Thursday.

PTI


Read More:

Advertisement
Top Stories
 - Sakshi Post
March 20, 2025
Rourkela, March 20 (IANS) Researchers from the National Institute of Technology (NIT) Rourkela have developed an Internet of Things-enabled smart device to monitor the quality of ingredients in processed food.
Video
Back to Top