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Rupee gains 11 paise to 95.17 per dollar after Fed holds rates

The rupee rose 11 paise to 95.17 against the US dollar in early trade on Thursday after opening at 95.20, as the dollar eased slightly following the US Federal Reserve's decision to keep rates at 3.75-4.00%. It had closed at 95.28 on Wednesday. Traders said high crude oil prices and firm US yields remain headwinds for the currency.

Rupee gains 11 paise to 95.17 per dollar after Fed holds rates

This summary is based on reporting by The Hindu.

Read the full story at The Hindu