Rupee trades higher at 67.90 against US dollar

Written by | January 29, 2016 | 0

Mumbai: The Indian rupee on Friday strengthened past the 68 per US dollar mark on improved fiscal deficit. The gains in local equity markets and Asian currencies after the Bank of Japan adopted negative interest rates also boosted sentiment.

At 2.04pm, the rupee was trading at 67.90 a dollar, up 0.45% from its previous close of 68.23. The local currency opened at 68.11 a dollar and touched a high of 67.83—a level last seen on 25 January.

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