Indian Rupee Advances To 4-day High Against US Dollar

Indian rupee climbed against the US dollar in morning deals on Tuesday.
The rupee that closed yesterday's deals at 61.54 against the greenback advanced to a 4-day high of 61.425. The rupee may face upside target around the 60.00 area.

Indian Rupee Falls

Indian rupee weakened against the US dollar in morning deals on Thursday.

The rupee fell to a 2-day low of 61.915 against the greenback. Further weakness could help the rupee to find support at the 62.6 area.

INR Update

International oil prices and rupee exchange rate have been moving in opposite directions, thus denying the benefit of drop in rates of crude in the international market to the Indian consumers, revealed an Assocham study


Click to read full article