The Indian rupee slipped in the early trade on Monday. It has opned lower by 20 paise at 66.88 per dollar versus 66.68 Friday.
"We expect the rupee to trade with a negative bias under pressure from global sentiment. The trading range for the day is seen between 66.50-67/dollar."
The dollar began the week on the back foot as a bout of risk aversion underpinned the yen, though the US currency garnered some support on renewed talk of a possible rate hike by the Federal Reserve as early as this month.
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"We expect the rupee to trade with a negative bias under pressure from global sentiment. The trading range for the day is seen between 66.50-67/dollar." 
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