Rupee hits over 2-week high Versus US dollar

The Indian rupee today hit over two-week high against the dollar, tracking gains in Asian currencies markets. In the afternoon hours today, the rupee was trading at 64.74 against the USD, up 0.17% from its yesterday’s close of 64.85. The rupee opened at 64.83 per dollar and touched a high of 64.72 levels.

So far this year, the rupee has gained 4.5 percent, while FPIs have bought 5.80 billion dollar in equity market and 22.48 billion dollar in debt market each. The dollar index was trading at 94.519, down 0.04 percent from its previous close of 94.56.