Indian Rupee Climbs Against U.S. Dollar
June 09 2015 - 5:35AM
RTTF2
The Indian rupee advanced against the U.S. dollar in afternoon
deals on Tuesday, amid broad dollar weakness following the U.S.
President Barack Obama's comments.
Speaking at the sidelines of G-7 summit, Obama told on Monday
that strong dollar poses challenges to the economy, but the White
House immediately denied it.
The rupee advanced to 63.865 against the greenback, compared to
Monday's closing value of 64.02. The next possible resistance for
the rupee is seen around the 63.00 level.
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