Wednesday 16 December 2015

Rupee opens at 1-week high, rises 11 paise to 66.62/$ -- 17 Dec 2015

The Indian rupee rose 11 paise to 66.62 a dollar compared to 66.73 per dollar in previous session.


                                             
The Indian rupee has opened at 1-week high on Thursday due to weakness in dollar after Federal Reserve hiked interest  rates by 25 basis points (the first rate hike in last nine years). The currency rose 11 paise to 66.62 a dollar compared to 66.73 per dollar in previous session.
He expects the USD-INR pair to trade today in a range of Rs 66.35-66.70/USD.

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