For Quick Alerts
For Daily Alerts

Rupee hits one month high against dollar; trades at Rs 61.56


Rupee hits one month high against dollar; trades at Rs 61.56
The rupee hit a one month high against the UD dollar and was last trading at 61.56, a gain of 35 paise over Friday's close.


According to dealers sentiments turned positive after weak US non farm payrolls data raised hopes that the Fed would not taper its QE3 programme any further at its forthcoming policy meet later this month. Read more on QE3 here

Sentiments also turned bullish across the stock markets with the Sensex surging more then 200 points in trade. Dealers say that sentiments could be shortlived and we could see the currency turn weaker, if inflation data due later at 5.30 pm today disappoints. Check latest currency rates here

Read more about: dollar qe3 sensex
Story first published: Monday, January 13, 2014, 10:09 [IST]
Company Search
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
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