Rupee at day's high, trades at 71.66 per dollar
Rupee at day's high, trades at 71.66 per dollar
The Indian rupee is trading higher by 24 paise 71.66 per dollar versus Friday's close 71.90. Rupee is expected to trade around 71.80- 71.95 as the rise in dollar index’s to its highest in one-and-half years offset the decline in Brent crude prices. US retail sales rose 0.9% in November, up from the revised 0.7% in the previous month and higher than the 0.4% expected by the markets.
The Indian rupee is trading higher by 24 paise 71.66 per dollar versus Friday's close 71.90. Rupee is expected to trade around 71.80- 71.95 as the rise in dollar index’s to its highest in one-and-half years offset the decline in Brent crude prices. US retail sales rose 0.9% in November, up from the revised 0.7% in the previous month and higher than the 0.4% expected by the markets.
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