Indian Rupee Climbs To 6-day High Against U.S. Dollar
June 22 2020 - 3:23AM
RTTF2
The Indian rupee firmed against the U.S. dollar in evening deals
on Monday, as the latter fell across the board and regional shares
gained.
The benchmark S&P BSE Sensex rose by 179.59 points, or 0.52
percent, to 34,911.32, while the broader NSE Nifty index ended up
66.80 points, or 0.65 percent, at 10,311.20.
Another round of military talks between India and China was
underway to ease border tensions and pharmaceutical companies like
Glenmark, Hetero Drugs, and Cipla have repurposed at least five
drugs to help treat coronavirus patients, helping underpin investor
sentiment.
The Indian rupee climbed to a 6-day high of 75.71 versus the
greenback, from Friday's closing value of 76.04. On the upside,
resistance is likely seen near the 72.00 level.
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