Indian Rupee Climbs To More Than 3-week High Against U.S. Dollar
January 26 2021 - 9:46PM
RTTF2
The Indian rupee appreciated against the U.S. dollar in morning
deals on Wednesday, as investors awaited the outcome of U.S.
Federal Reserve's monetary policy meeting due out later in the
day.
Market participants expect the Fed to retain its ultra-easy
policy to support the economic recovery.
The rupee appreciated to more than a 3-week high of 72.86
against the greenback. The rupee is likely to test resistance
around the 70.00 level.
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