Indian Rupee Hits 8-day High Against U.S. Dollar
April 29 2016 - 3:52AM
RTTF2
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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