Tuesday, 26 April 2016

Rupee Opens Marginally lower at 66.72 per Dollar

The Indian rupee has opened marginally lower at 66.72 a dollar on Tuesday compared to 66.61 a dollar in previous session.

The crucial 2-day FOMC meeting starts today with market expectations of no rate action. However, the statements following the policy will be keenly analysed, he adds.

According to him, the USD-INR pair continues to trade in the Rs 66-67/USD range. He expects the pair to trade in this range awaiting the outcome from FOMC.

For news on Indian Stock Market Tips, Mcx Commodity Market Tips please visit us at www.ripplesadvisory.com or call at:9827210746,9039089382,9039089375

No comments:

Post a Comment