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Indian Rupee (INR) strengthened against the US Dollar

27 Jun, 2019

Indian Rupee (INR) strengthened against the US Dollar

The Indian Rupee (INR) today strengthened against the US Dollar (USD) today, hitting 69.07 against the US Dollar. The Indian Rupee today opened at 69.26 as compared to Wednesday’s close of 69.15, tracking higher global oil prices. At day’s low the rupee had hit 69.31 against US Dollar.

Earlier this month, the Dollar index hit a three-month low as US Federal Reserve hinted at possible rate cut at its next meet. But today the dollar rebounded against other currencies after top Fed officials pushed back against market expectations that the U.S. central bank will cut rates by half a percentage point next month.

Indian Rupee (INR) strengthened against the US Dollar

INR US Dollar

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