Rupee opens Flat at 66.84 per Dollar

The Indian rupee opened flat at 66.84 per dollar on Tuesday versus previous close 66.84. 

 

"The Reserve Bank of India (RBI) is widely expected to maintain status quo in today's credit policy, but the statements following the policy will be keenly analysed. 

 

Any roadmap on the upcoming FCNR redemptions, and steps to ensure adequate dollar as well as rupee liquidity will be keenly awaited." 

 

"The USD-INR pair continues to trade in the 66.50-67/dollar range with the strong portfolio flows getting absorbed by strong intervention," he said. 

 

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