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Forex News: Indian Rupee Hits 2-day High Versus U.S. Dollar

Indian Rupee Hits 2-day High Versus U.S. Dollar

11/20/2020 - 05:42:00 (RTTNews)

(RTTNews) - The Indian rupee climbed against the U.S. dollar in evening deals on Friday, as regional shares advanced, tracking positive cues from global markets and sustained foreign fund inflows.

The benchmark S&P BSE Sensex was up 282.29 points, or 0.65 percent, at 43,882, while the broader NSE Nifty index rose 87.35 points, or 0.68 percent, to 12,859.

The rupee gained to a 2-day high of 74.01 against the greenback from Thursday's closing value of 74.05. The rupee is likely to challenge resistance around the 72.00 level.

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