The rupee advanced 2 paise to 64.57 against the dollar today as the US Federal Reserve held off on rates and kept the window open for a December hike.
Banks and exporters kept to dollar selling.
The dollar's reduced clout overseas amid uncertainty about prospects of US tax cuts and domestic stock markets opening high were instrumental in the rupee's rise, traders said.
Banks and exporters kept to dollar selling.
The dollar's reduced clout overseas amid uncertainty about prospects of US tax cuts and domestic stock markets opening high were instrumental in the rupee's rise, traders said.
No comments:
Post a Comment