Rupee Stays Up On Foreign Banks’ Dollar Sale As Risk-Off Sentiments Fade

Rupee Stays Up On Foreign Banks’ Dollar Sale As Risk-Off Sentiments Fade

15 May 2019 01:49 PM
 
Financial Market Overview 15th May, 2019 Afternoon Update  Indian Rupee The Indian rupee remained higher against the dollar in afternoon trade, as foreign banks stepped up greenback sales amid ease in global risk-off following U.S. President Donald Trump’s optimistic comments on U.S.-China trade. The rupee changed hands at 70.25 to a dollar against its previous close of 70.4350. The local unit opened at 70.34 and hit an intraday high of 70.1850.

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