For Quick Alerts
For Daily Alerts

Rupee recoups morning losses; trades flat

 Rupee recoups morning losses; trades flat
The rupee recouped most of the morning losses and was trading marginally higher in noon trade. The Indian rupee was last trading at 66.54, a gain of 1 paise over Thursday's close against the US dollar.

The rupee saw one of the biggest single day gains on Thursday since 1998, jumping 3.46 per cent to end at 66.55, against the dollar. This was largely on the back of the RBI opening up a forex swap window for oil marketing companies.

The rupee will now await GDP data due later today after the forex markets close. GDP data for Q1 FY 2014 is expected around 4.7 per cent.

A surprise on the lower side may raise fresh worries for the currency next week. Check rupee rates here

Read more about: dollar rbi
Company Search
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more