Thursday, February 4, 2016

Rupee updates : INR went high today 4 Feb, 2016

Today, The INR(rupee) appreciated 26 paise to 67.81 against the US(United States) dollar in early trade on yesterday after Fed comments weak data releases in the United States pushed dollar low against major currencies of world.Click For Options tips

The native currency ended at 68.07, down 9 paise as compared to the greenback on yesterday amid sustained dollar requirement from banks and importers.

President of the Federal Reserve Bank of New York, told that financial conditions are considerably tighter and a weakening overview for the world wide economy would have to be taken into account, while considering further rate hikes.

Most other Asian markets were trading mixed. Japan's Nikkei dived 0.7 per-cent while South Korean Kospi traded high by a per-cent. Hong Kong's Hang Seng index was up 1.56 per-cent. Mainland China's CSI 300 traded higher by 1.6 per-cent.

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