Monday, 5 December 2016

Rupee opens flat at 68.18 per Dollar

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The Indian rupee opened flat at 68.18 per dollar on Monday versus 68.19 Friday. In anticipation of a rebound in domestic equity market, we expect the rupee to trade with a positive bias for the day. The trading range for the USD-INR pair is seen between 68-68.50/dollar.

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