Thursday 23 June 2016

Rupee opens Marginally Higher at 67.43 per Dollar

The Indian rupee opened marginally higher at 67.43 per dollar on Thursday versus previous close 67.48. 

"Global currency markets are expected to stay flat in a tight range a day prior to Brexit referendum. Markets are currently expecting UK to vote for 'remain in EU'. 

However, a Brexit vote can cause volatility in currency markets particularly in EM currencies." "The USD-INR trading range for the day is seen between 67.20-67.50/dollar," he said.


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