LIVE MARKET UPDATE

Tuesday, 11 February 2014

Indian Rupee Update

Indian rupee moved up marginally in early trade on Tuesday. It opened higher by 6 paise at 62.37 per dollar as against previous day’s closing value of 62.43 per dollar.
The dollar wallowed near a two-week low against a basket of major currencies early on Tuesday, following a subdued US session trade as markets hunkered down ahead of congressional testimony by new Federal Reserve Chief Janet Yellen. Outperforming both the dollar and yen, the euro drifted up to near two-week highs of USD 1.3652 and 139.80 yen.

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