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Live News FX ARTICLE M impact

Rupee Extends Winning Streak, Opens 33 Paise Higher at 94.72 per Dollar

The rupee opened higher against the US dollar on October 16, extending gains for a sixth consecutive session. Offshore traders cut bets against the currency, while expectations of continued central bank dollar selling lent support.

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The Indian rupee opened higher against the US dollar on October 16, with offshore traders cutting bets against the Asian currency and expectations of continued central bank dollar selling lending support.The rupee extended its gains on sixth consecutive day and opened higher by 33 paise at 94.72 pe…