Rupee hits 10-week low against US dollar in opening trade - News Summed Up

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Rupee hits 10-week low against US dollar in opening trade


The 10-year bond yield was at 6.604% compared to its previous close of 6.577%. Photo: BloombergMumbai: The rupee on Thursday weakened over 10-week low against the US dollar, tracking losses in the Asian currencies markets after the US Federal Reserve left rates unchanged. At 9.15am, the rupee was trading at 64.48 a dollar, down 0.34% from its Wednesday’s close of 64.27. The 10-year bond yield was at 6.604% compared to its previous close of 6.577%. The dollar index, which measures the US currency’s strength against major currencies, was trading at 92.579, up 0.08% from its previous close of 92.51.


Source: Mint September 21, 2017 03:45 UTC



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