Rupee Moves Higher To Close At 73 Against Dollar: 10 Things To Know

Analysts expect the rupee to continue to trade sideways going forward. “The markets are likely to remain range-bound as US votes in the midterms today. Our markets will react to the outcome only on Friday and therefore there is a significant gap risk,” said IFA Global, a forex advisory firm. The dollar dipped against a basket of six major currencies amid uncertainty over the outcome of the US midterm elections. The dollar index -...