Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.
Back to Forex News

Indian Rupee Advances To 2-day High Versus U.S. Dollar

23:07, 24th May 2016

(RTTNews) - Reversing direction, the Indian rupee climbed against the U.S. dollar in afternoon deals on Wednesday, as regional stocks gained, tracking rally in global stocks, as Brexit concerns eased and Eurozone finance ministers approved in principle a reform package for Greece that will unblock new loans.

The rupee rose to a 2-day high of 67.335 against the greenback, off its early nearly 3-month low of 67.78. If the rupee extends rise, 66.00 is likely seen as its next resistance level.

Copyright(c) 2024 RTTNews.com, Inc. All Rights Reserved