Thursday 16 June 2016

Rupee opens Marginally Higher at 67.12 per Dollar

The Indian rupee opened marginally higher at 67.12 per dollar on Thursday versus previous close of 67.15. 

"Asian currencies are incrementally likely to benefit from the expected stimulus package from the Bank of Japan." 

"We expect the rupee to rebound to 67/dollar levels, and trade in the 66.80-67.20/dollar range in the near term," he added.

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