Rupee edges up; Fed minutes lift risk assets

Tags: News
The rupee is trading at 59.62/63 versus its Wednesday close of 59.75/76.

Asian equities rose and the dollar dipped on Thursday, after the U.S. Federal Reserve indicated it was not in a rush to end quantitative easing and begin hiking rates.

Traders expect the market to remain range-bound until the budget announcements which will start at 11 a.m.

Most Asian currencies trading stronger. The dollar started at one-week lows against a basket of major currencies.

The rupee is seen moving in a 59.50 to 59.80 range until the budget.


  • The govt's objective to make air travel more accessible, is welcome

    The feel good factor is bound to percolate down the line to the ‘aam admi’ looking for ‘achche din’, in case the regional air connectivity sch


Stay informed on our latest news!


Sachin Shridhar

Building the nation, babu-style

Home Minister Rajnath Singh has promised that the India-Pakistan ...

Zehra Naqvi

Of absolute truth & relative perception

Is there such a thing as absolute truth? Look around ...

Shona Adhikari

Owais Husain searches for a lost homeland

The seventh edition of the Mumbai Public Art Festival (PAF) ...