Indian Rupee Advances To 2-day High Versus U.S. Dollar
May 24 2016 - 11:07PM
RTTF2
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.
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