Indian Rupee Rises To Near 2-month High Against U.S. Dollar
October 08 2015 - 8:33PM
RTTF2
The Indian rupee strengthened against the U.S. dollar in the
morning deals on Friday, as investor sentiment boosted after the
Federal Reserve's September meeting minutes indicated the U.S.
central bank isn't in a hurry to raise interest rates.
Against the greenback, the rupee rose to nearly a 2-month high
of 64.7500 from an early low of 64.9300. At yesterday's close, the
rupee was trading at 65.0300 against the greenback.
If the rupee extends its uptrend, it is likely to find
resistance around the 63.80 area.
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