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Rupee Opens Higher At 69.55

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In Wednesday's rupee opened with gains of 14 pasie at 69.55 after closing higher on Tuesday at 69.69 as trade optimism took over. Dollar has gained ground in the previous session on the back of strong US retail sales data.

Fitch also retained its growth forecast for FY'21 aand FY'22 for Indian economy.

Also Dow gained 300 points as trade war situation seemed to ease.

Rupee Opens Higher At 69.55
 

Yield on 10-year benchmark bonds continued to trade lower at 6.8%.

RBI is said to infuse liquidity to the tune of on June 20.

Meanwhile, Indian indices in the pre-opening session opened higher, with Sensex gaining 0.18%, opening above 39000.

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