The Indian Rupee On Wednesday Opened At 64.12 To The Dollar - Dollar Advisory & Financial Services

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Wednesday 2 August 2017

The Indian Rupee On Wednesday Opened At 64.12 To The Dollar

The Indian rupee on Wednesday opened at 64.12 to the dollar, up 0.1 percent from its previous close.

Dollar recovered mildly after hitting a 15-month low on a mix of political uncertainty and market expectations of further rate hikes from the Fed. The dollar index, which measures the dollar against a basket of rival currencies is subdued.

Globally, Asian stocks paused near decade-highs on Wednesday as investors waited to see if strong earnings results from tech bellwether Apple would ripple out to component makers in the region.

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