Indian Rupee Hits 10-day High Against U.S. Dollar
January 14 2021 - 1:24AM
RTTF2
The Indian rupee strengthened against the U.S. dollar in the
evening session on Thursday, as regional shares rose, tracking
positive global cues, on expectations of a large U.S. stimulus
package from the the Democratic-led U.S. government.
President-elect Joe Biden is due to outline his proposals for
massive fiscal stimulus later in the day.
The Indian rupee advanced to a 10-day high of 72.95 against the
greenback from a 2-day low of 73.29 seen in the morning session.
The rupee is seen facing resistance around the 70.00 level.
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