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Rupee Gains 2 Paise Against Dollar, Fed Decision Ahead

The rupee firmed up 2 paise to 64.31 against the dollar in early trade today even as traders expect an increase in interest rate by the US Fed at its policy meeting on Wednesday.

PTI

Updated:June 14, 2017, 9:51 AM IST
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Rupee Gains 2 Paise Against Dollar, Fed Decision Ahead
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Mumbai: The rupee firmed up 2 paise to 64.31 against the dollar in early trade today even as traders expect an increase in interest rate by the US Fed at its policy meeting on Wednesday.

Domestic stocks opened higher, which kept the mood positive.

Forex dealers said weakness in the dollar against other currencies overseas supported the rupee too.

On Tuesday, the domestic unit ended higher by 11 paise at 64.33 against the greenback on easing retail inflation.

The benchmark Sensex rose 79.62 points, or 0.25 per cent, to 31,183.11, in early session today.
(Get detailed and live results of each and every seat of the state Assemblies in Madhya Pradesh, Rajasthan, Telangana, Chhattisgarh and Mizoram to know which candidate/party is leading or trailing and to know who has won and who has lost and by what margin. Our one-of-its-kind Election Analytics Centre lets you put on the psephologist's hat. Know interesting facts and trivia about the elections. Elections = News18)
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