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Rupee opens higher at 72.48 per dollar

Sumary of Rupee opens higher at 72.48 per dollar:

  • Indian rupee opened higher at 72.48 per dollar on Thursday against previous close of 72.54, amid buying seen in the domestic equity market on the back of positive global cues…
  • Fed has kept its benchmark overnight interest rate near zero and expect economic growth to remain above trend for at least two years to come, at 3.3% in 2022 and 2.2% in 2023, compared to estimated long-term potential growth of just 1.8%…
  • dollar was on the defensive on Thursday after the Federal Reserve signalled it was in no hurry to raise interest rates through all of 2023 even as it saw a V-shaped recovery in the world largest economy……

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