August 21, 2018 / 3:50 AM / a month ago

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

MUMBAI, Aug 21 (Reuters) - Indian 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.

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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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