The rupee was trading marginally higher at 60.04 to the dollar, after hitting 59.96 in early morning trades.
Strong global cues on the back of hints from Fed Chair Person Janet Yellen on the need for an acommodative policy in the US, pushed Asian currencies higher in trade.
The rupee is expected to trade in a range ahead of the election results on May 16. Dealers say the likelihood of a Narendra Modi government at the centre could push the rupee to the 58 levels.
The rupee has seen a smart recovery in the last few months on the back of healthy dollar inflows, particularly from foreign funds. The rupee had hit a historic low of 68.86 against the dollar in August last year, but, has since shown a sharp recovery. Check rupee rates here
GoodReturns.in
Notifications
Settings
Clear Notifications
No New Notifications
Notifications
Use the toggle to switch on notifications
Block for 8 hours
Block for 12 hours
Block for 24 hours
Don't block
To start receiving timely alerts, as shown below click on the Green “lock” icon next to the address bar
Click it and Unblock the Notifications
Close X
Close X
To Start receiving timely alerts please follow the below steps:
Click on the Menu icon of the browser, it opens up a list of options.
Click on the “Options ”, it opens up the settings page,
Here click on the “Privacy & Security” options listed on the left hand side of the page.
Scroll down the page to the “Permission” section .
Here click on the “Settings” tab of the Notification option.
A pop up will open with all listed sites, select the option “ALLOW“, for the respective site under the status head to allow the notification.
Once the changes is done, click on the “Save Changes” option to save the changes.
Click it and Unblock the Notifications
Sign in with Google