The Indian rupee strengthened against the U.S. dollar in the morning session on Thursday, as regional shares rose on receding worries about a U.S. presidential impeachment bid and investors became hopeful about the next round of U.S.-China trade talks.
The benchmark S&P BSE Sensex rallied 326 points, or 0.84 percent, to 38,919 while the broader NSE Nifty index was up 102 points, or 0.89 percent, at 11,542.
The Indian rupee hit a 2-day high of 70.66 against the greenback, from yesterday's closing value of 70.91. The rupee is likely to find resistance around the 69.00 level.
The material has been provided by InstaForex Company - www.instaforex.com
source http://www.mt5.com/forex_news/quickview/2143694/
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