Indian Rupee Advances To Near 1-year High Against U.S. Dollar
2021年2月22日 - 10:39AM
RTTF2
The Indian rupee firmed against the U.S. dollar in morning deals
on Monday amid strong foreign inflows into the domestic financial
market.
A recovering economy and a promising budget are attracting
global funds to India.
Third-quarter GDP data will be out this week, with economists
expecting the economy to return to growth in Q3 after two quarters
of contraction.
The Indian rupee appreciated to near a 1-year high of 72.29
against the dollar from Friday's closing value of 72.55. The rupee
is likely to challenge resistance around the 71.00 level.
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