Indian Rupee Hits 8-day High Against U.S. Dollar
03:52, 29th April 2016
(RTTNews) - The Indian rupee reversed direction and spiked up against the U.S. dollar in evening deals on Friday, as regional stocks edged up on higher oil prices.
The benchmark BSE Sensex closed higher by 3.52 points or 0.01 percent to 25,607, while the broader Nifty index rose 2.55 points or 0.03 percent to 7,850.
The rupee climbed to an 8-day high of 66.29 versus the greenback, off its early 2-day low of 66.56. The rupee may locate resistance around the 64.00 zone.
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