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Rupee opens at 1-yr high at 66.20 per dollar

Rupee opens at 1-yr high at 66.20 per dollar

Tuesday, March 14, 2017, 9:34 AM

The Indian rupee gained in the early trade. It has opened higher by 40 paise at 66.20 per dollar versus Friday's close 66.60. Rupee is currently trading at one-year high. Expectations have built up for a rate hike in the FOMC meeting this week. Dollar index is up at 101.37. However in Indian context election victory in major states will be a booster.
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