The rupee recovered marginal ground in trade on strong global equity markets, which rallied on weaker then expected GDP data which raised the hopes of the Fed continuing with its easing stance.
The rupee was last trading at 60.37 against the dollar, still down 35 paise over Tuesday's close. Dealers say that today's rally in equity markets provided some relief to the rupee, though they believe that the rupee would continue to be under pressure.
Other Asian currencies have also recovered in line with the Indian rupee. On Wednesday the Indian currency was one of the worst performing in Asia.
GoodReturns.in
Notifications
Settings
Clear Notifications
No New Notifications
Notifications
Use the toggle to switch on notifications
Block for 8 hours
Block for 12 hours
Block for 24 hours
Don't block
To start receiving timely alerts, as shown below click on the Green “lock” icon next to the address bar
Click it and Unblock the Notifications
Close X
Close X
To Start receiving timely alerts please follow the below steps:
Click on the Menu icon of the browser, it opens up a list of options.
Click on the “Options ”, it opens up the settings page,
Here click on the “Privacy & Security” options listed on the left hand side of the page.
Scroll down the page to the “Permission” section .
Here click on the “Settings” tab of the Notification option.
A pop up will open with all listed sites, select the option “ALLOW“, for the respective site under the status head to allow the notification.
Once the changes is done, click on the “Save Changes” option to save the changes.
Click it and Unblock the Notifications
Sign in with Google