| Date: |
18-09-2015 |
| Subject: |
Rupee opens at two-week high, rises 31 paise to 66.15/USD |
|
The Indian rupee opened at two-week high in early trade on Friday after the US Federal Reserve kept policy rates unchanged on September 17.
The currency gained by 31 paise at 66.15 per dollar against 66.46 Wednesday.
Pramit Brahmbhatt of Veracity said, "The rupee is expected to gain as dollar is trading weak against other major currencies. We see the range for the USD-INR between 66-67/dollar."
The US dollar slumped after the US Federal Reserve held interest rates steady amid a slew of global challenges, and lowered its long-term outlook for the American economy.
Source : moneycontrol.com
|