Friday, 25 November 2016

Rupee opens flat at 68.72 per dollar

For daily intraday tips and intraday calls click this link to get connect with us https://www.linkedin.com/title/ripples-advisory fill our Two Days Free Trial For more you can give One missed call on this no. -9303093093 

 

The Indian rupee opened flat at 68.72 per dollar on Friday versus previous close 68.73. High volatility and unidirectional move is the order of the day in the USD-INR market. A surging dollar index, spectre of US interest rate hike have seen net FII outflow to the tune of USD 4 billion leading to almost 4 percent depreciation of the rupee. Hence, expected USD-INR pair to consolidate between 68.60-69/dollar.

No comments:

Post a Comment