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Rupee breaches 62 mark; trades at 62.03 to the dollar
INR
83.322 | United States Dollar |
Weak openings across the equity market weighed on sentiments. Forex markets would now closely watch to crucial cues, including the Federal Market Open Committee Meet and the RBI Monetary Policy meet due on Jan 28. Both, will likely provide some direction for the forex markets.
The rupee had gained 7 paise at 61.81 against the US dollar on increased selling of the American currency by exporters in Wednesday's trade, according to PTI reports. To check rupee rates click here
Meanwhile, equity markets were trading marginally lower with the Sensex down 12 points in early trade.