Currency Check | Rupee opens higher at 95.17 per dollar; Asian peers gain
The US dollar index, which measures the currency against six peers, was trading with marginal gains at 102.25 in the early Thursday trade.
The Indian rupee opened higher against the US dollar on October 29, tracking most Asian currencies after the Federal Reserve's policy decision and Chair Warsh's subsequent comments were read as modestly dovish by parts of the market. The rupee opened higher by 6 paise at 95.17 per dollar, compared with Monday’s close of 95.23. According to Finrex, rupee to open slightly higher at 95.15 this morning as dollar index fell to 102.10 this morning and Brent oil price was also lower for the December delivery at $ 114.29.
