Indian rupee inches up, but sustainable recovery unlikely khaleejtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from khaleejtimes.com Daily Mail and Mail on Sunday newspapers.
The Indian rupee rose on
Friday morning amid an uptick in most Asian peers, but traders
reckoned that the respite may be brief. The rupee was at 83.1625 to the U.S. dollar as of 11:19.
The Indian rupee appreciated 51 paise to close at 79.25 against the US dollar on Friday, following positive trends in domestic equities and on hope that US Fed will go slow with rate hike after contraction of the US economy for the second .
The Indian rupee appreciated 51 paise to close at 79.25 against the US dollar on Friday, following positive trends in domestic equities and on hope that US Fed will go slow with rate hike after contraction of the US economy for the second consecutive quarter.
The Indian rupee appreciated 15 paise to close at 79.76 against the US dollar on Thursday on hopes of a slower pace of rate hike by the US Fed in the coming months and firm domestic equities.At the interbank foreign exchange market, the rupee .