Indian Rupee Hits 5-day High Against U.S. Dollar
20 Gennaio 2021 - 5:45AM
RTTF2
The Indian rupee climbed against the U.S. dollar in afternoon
deals on Wednesday, as regional shares rose following U.S. Treasury
Secretary nominee Janet Yellen's comments favoring aggressive
fiscal spending to prop up the economy.
A weaker dollar further aided a rise in the currency.
The benchmark S&P BSE Sensex climbed 449.65 points, or 0.91
percent, to 49,848, while the broader NSE Nifty index was up 141.65
points, or 0.98 percent, at 14,663.
The rupee appreciated to a 5-day high of 73.07 against the
greenback from yesterday's close of 73.22. The rupee is likely to
test resistance around the 72.00 level.
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