Tuesday, 18 October 2016

Rupee Opens at 66.79 per Dollar; up 10 Paise

The Indian rupee gained in the early trade on Tuesday. It has opened higher by 10 paise at 66.79 per dollar versus previous close 66.89. 

 

"The USD retreated from the recent highs it hit against most of its peers, with some hawkish comments form Fed speakers increasing the probability of a December rate hike. 

 

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"The USD-INR pair continues to trade in the 66.50-67/dollar range with some depreciating bias, as some FII outflows continue to pressurise the pair," he added.

 


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