The Indian Rupee Opened Higher By 10 Paise At 66.96 Per Dollar Versus 67.06 Friday - Dollar Advisory & Financial Services

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Monday 4 June 2018

The Indian Rupee Opened Higher By 10 Paise At 66.96 Per Dollar Versus 67.06 Friday

The Indian rupee opened higher by 10 paise at 66.96 per dollar versus 67.06 Friday.

Rupee rose against the US dollar, on Friday, after India’s Q4 GDP number showed growth of 7.7 percent compared to growth of 7.2 percent in the previous quarter.

On the other hand, government data showed India’s fiscal deficit in the year ended March 2018 came in at 3.53% of GDP in line with the revised estimates.

Overall, the numbers were in line with estimates and rupee was supported on lower levels, said Motilal Oswal .

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