Indian Rupee Spikes Up To Near 2-week High Against U.S. Dollar
February 03 2020 - 08:21PM
RTTF2
The Indian rupee firmed against the U.S. dollar in morning deals
on Tuesday, as regional shares rose on falling oil prices and
investors shifted their focus to the Reserve Bank of India's
three-day monetary policy review meeting, that begins today.
The benchmark S&P BSE Sensex soared 763 points, or 1.91
percent, to 40,635, while the broader NSE Nifty index was up 223
points, or 1.90 percent, at 11,930.
The rupee strengthened to 71.07 against the greenback for the
first time since January 23. The pair had ended yesterday's deals
at 71.32. The rupee is seen locating resistance around the 69.00
level.
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