The Indian rupee closed at 61.69 per dollar, up 0.04% from its previous close of 61.71. The partially convertible currency opened at 61.79 a dollar and touched a high and a low of 61.6813 and 61.9063, respectively. Since January this year, the rupee has gained 2.2%.
On Tuesday, Taiwan dollar lost 0.388%, Hong Kong dollar lost 0.013%, Indonesian rupiah gained 0.334%, the Philippine peso fell 0.123%, Malaysian ringgit lost 0.998% and South Korean won shed 0.948%.
The dollar index, which measures the US currency’s strength against major currencies, was trading at 92.823, up 0.33% from the previous close of 92.52.
India’s 10-year benchmark bond yield rose to 7.725% from the previous close of 7.724%. It opened at 7.724% and touched a high and a low of 7.733% and 7.715%, respectively.
Source:livemint.com
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