The Indian rupee opened lower at 67.76 for every dollar

The Indian rupee opened lower at 67.76 for each dollar versus past close of 67.43. Indian Rupee opened down 33 paise after the hawkish US Federal Reserve climbed financing cost.

US dollar file recovered lost ground after Janet Yellen news meeting. The greenback climbed essentially against Yen and Euro, with qualities now floating around 117 and 1.05 individually. In any case, Sterling is holding ground.

In the developing business sector space, the torment is relied upon to strengthen, with Yuan, Mexican Peso and Indonesian Rupiah being powerless.

The Reserve Bank of India's (RBI) reference rate as on December 14, 2016, for the dollar remained at 67.56 while for the Euro it was 71.91. The RBI's reference rate for the Yen remained at 58.66; reference rate for the Great Britain Pound (GBP) remained at 85.54.

Author : Wealth Research