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Rupee rises to one-week high on Trump's Fed comments

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Reuters MUMBAI
Last Updated : Aug 21 2018 | 9:25 AM IST

MUMBAI (Reuters) - Rupee rose to its highest in a week on Tuesday tracking Asian currencies after U.S. President Donald Trump said in interview to Reuters that he was "not thrilled" with the Federal Reserve's interest rate hikes. https://reut.rs/2Bv7mYq

The rupee rose to 69.59/dollar, its highest since Aug. 13 after opening stronger at 69.69 on Tuesday compared its previous close of 69.83.

The 10-year benchmark bond yield was unchanged at 7.83 percent.

(Reporting by Suvashree Dey Choudhury; Editing by Gopakumar Warrier)

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First Published: Aug 21 2018 | 9:19 AM IST

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