Indian Rupee Off 2-1/2-month Low Against U.S. Dollar
October 05 2021 - 2:58AM
RTTF2
The Indian rupee erased its early losses against the U.S. dollar
in evening deals on Tuesday, as regional shares rose notably
despite mixed global cues.
The benchmark 30-share BSE Sensex ended the day up 445.56
points, or 0.75 percent, at 59,744.88. The broader NSE Nifty index
settled at 17,822.30, up 131.05 points, or 0.74 percent, from its
previous close.
The Indian rupee rose to 74.41 against the greenback, after
falling to a 2-1/2-month low of 74.66 in morning trades. If the
rupee strengthens further, 72 is likely seen as its next resistance
level.
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