Indian Rupee Climbs To 5-day High From Record Low Versus U.S. Dollar
2018年9月12日 - 4:33PM
RTTF2
The Indian rupee strengthened against U.S. dollar on Wednesday,
after touching a new record low in the morning trade, following
reports that Indian Prime Minister Narendra Modi is set to hold a
meeting during the weekend to announce measures to prevent a sharp
fall in the rupee.
The government is planning to unveil steps to check the rise in
oil prices as well. The PM is also likely to discuss economic
scenario over the weekend.
Following the news, the Indian rupee bounced off to a 5-day high
of 71.93 against the greenback, marking a 1.3 percent rise from a
historic low of 72.91 set early in the day. Next key resistance for
the rupee is seen around the 67.00 region.
Indian markets closed higher, with the benchmark BSE Sensex
rising 0.81 percent or 304.83 points to 37,718, while the broader
Nifty climbed 0.73 percent or 82.40 points to 11,370.
Investors await India's consumer inflation and industrial
production data due shortly.
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