The domestic currency rupee in Wednesday's session was trading higher at 70.82 per dollar. The unit opened at 70.89 as against the previous close of 70.92.
Rupee Trades Higher At 70.82
On Tuesday, rupee closed at a one-month high on the back of strong foreign fund inflows.Rupee has been trading higher for the sixth-straight session and further direction shall be guided by the Fed meet outcome, which is due later in the day today. After three back to back rate cuts this year, Fed's Federal Open Market Committee (FOMC) is highly likely to pause on rates today.
Other Asian currencies declined in trade as concerns persists over whether or not the US will kick-in fresh tariffs on Chinese goods from December 15.
In the bond markets, the yield on 10-year bond stood steady at 6.71%.
Meanwhile, Indian indices were trading higher, with Sensex up 0.4% at 40399.41.
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