Mumbai, Jan. 28 -- The Indian rupee extends rebound in opening trades on Wednesday tracking deep losses in dollar overseas coupled with positive cues from local equities. INR opened at Rs 91.60 per dollar and hit a high of 91.57 before easing back to 91.64 so far during the day. Domestic shares are seen opening higher on Wednesday amid trade optimism after Commerce Minister Piyush Goyal said the ambitious India-EU free trade agreement is likely to be implemented within the 2026 calendar year. Yesterday, INR rebounded from its all-time low levels and gained 19 paise to close at 91.71 against the US dollar, amid weakness in US dollar index and India-EU FTA announcement. The deal over India-EU FTA boosted domestic market sentiments. Local eq...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.