MUMBAI: Indian Rupee today opened at 66.10 against the dollar in early trade on Monday. Indian rupee scaled lower, as market participants remain cautious ahead of the RBI monetary policy review tomorrow. Asian markets are mixed with Nikkei in the red while HangSeng is positive. Wall Street ended flat on Friday as selloff in biotechs offset gains in banking shares. The Dow Jones industrial average rose 113.35 points, or 0.7 per cent, to 16,314.67. The S&P 500 lost 0.9 points, or 0.05 per cent, to 1,931.34 and the Nasdaq Composite dropped 47.98 points, or 1.01 per cent, to 4,686.50.
On Thursday, the Indian currency ended at 65.16, higher by 5 paise. The currency touched a high and low of 66.07/$ and 66.11/$ respectively.The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 66.09 and for Euro stood at 73.95 onSeptember 24, 2015. While, the RBI’s reference rate for the Yen stood at 55.08, the reference rate for the Great Britain.
