Friday 12 August 2016

Rupee opens Marginally higher at 66.80 per Dollar

The Indian rupee opened marginally higher by 4 paise at 66.80 per dollar on Friday versus 66.84 Thursday. 

 

"The pull and push in USD-INR is evenly matched currently. 

 

Support comes in around 66.80/dollar and break below this looks unsustainable. Hence I expect the pair to trade within the 66.75-67/dollar range." 

 

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