Wednesday 3 August 2016

Rupee opens Marginally Higher at 66.70 per Dollar

The Indian rupee opened with marginal gain of 3 paise at 66.70 per dollar on Wednesday versus previous close of 66.73. 

"We expect the rupee to remain buoyant in the near term, as high-yielding Indian assets retain their attractiveness, following the Fed's move to leave interest rates unchanged." 

He further added, "The rupee is likely to trade between 66.50-67.25/dollar in the course of the week."


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