Rupee ends flat at 66.96

Updated - January 16, 2018 at 02:49 PM.

rupee

The rupee failed to maintain its early gains and settled almost flat at 66.96 against the American currency in a highly volatile trading session ahead of a crucial US Fed meeting.

The cautious stance adopted by participants ahead of the US Fed’s two-day meet largely influenced trading sentiment, a forex dealer said.

Currency investors across the globe are cautiously awaiting the FOMC meet’s outcome amid increasing speculations on a potential rate hike by the Federal Reserve, he added.

Intra-day, the rupee hovered in the 66.86-66.98 range.

Published on September 19, 2016 11:00