Rupee stronger, tracks share gains
Strong Asian cues also help rupee
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<a href="http://www.shutterstock.com/pic-95113372/stock-photo-a-pile-of-notes-and-coins-in-indian-currency.html" target="_blank">Currency</a> image via Shutterstock
The rupee continues to trade stronger at 62.18/19 versus its close of 62.30/31 on Tuesday, tracking gains in the domestic share market.
The BSE Sensex ended up 0.17%.
Traders expect the USD/INR pair to move towards 62.05 levels in late trade once oil demand reduces.
Almost all Asian currencies are trading stronger versus the dollar.
The BSE Sensex ended up 0.17%.
Traders expect the USD/INR pair to move towards 62.05 levels in late trade once oil demand reduces.
Almost all Asian currencies are trading stronger versus the dollar.
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First Published: Jan 08 2014 | 3:50 PM IST