ThinkStock PhotosNEW DELHI: The rupee on Wednesday opened 1 paisa higher at 65 against the US dollar ahead of RBI’s two-day policy meet that kicks off today.
The local currency on Tuesday made a strong recovery against the buoyant US currency to close at 65.01, surging by 17 paise on fresh bouts of dollar selling, seemingly unfazed by escalating trade tensions between the US and China.
The rupee has taken a hit in recent weeks buffeted by fears of global trade war and a possible stepped-up pace of interest rate hikes by the US Federal Reserve.
The domestic markets on Wednesday opened flat. At 09:21 am, BSE Sensex was trading 40 points higher at 33,410 while NSE Nifty was trading above 10,250 level at 10,255, up 10 points.
The local currency on Tuesday made a strong recovery against the buoyant US currency to close at 65.01, surging by 17 paise on fresh bouts of dollar selling, seemingly unfazed by escalating trade tensions between the US and China.
The rupee has taken a hit in recent weeks buffeted by fears of global trade war and a possible stepped-up pace of interest rate hikes by the US Federal Reserve.
The domestic markets on Wednesday opened flat. At 09:21 am, BSE Sensex was trading 40 points higher at 33,410 while NSE Nifty was trading above 10,250 level at 10,255, up 10 points.
(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)
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(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)
...moreDownload The Economic Times News App to get Daily Market Updates & Live Business News.
Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
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