Currency Check | Rupee opens with marginal gains at 95.16 per dollar; Asian peers mixed
The dollar index held steady near a one-week high on Tuesday at 102.04 as a tech-led rebound on Wall Street revived appetite for risk, while investors await megacap earnings and the US midterm elections.
The Indian rupee opened with marginal gains against the US dollar on October 27. The rupee opened higher at 95.16 per dollar, compared with Monday’s close of 95.19. According to Finrex, the Rupee to open at 95.20 with Non allotted JIO IPOs outward flows to go through today. Brent oil rose to $ 117.40 but has again come down to $ 114.72 but remains well bid on lower levels. The dollar index moved higher and again crossed 102 levels this morning with Euro falling to 1.1168.
