Tuesday, 13 December 2016

Rupee opens lower at 67.47 per dollar

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The Indian rupee opened marginally lower at 67.47 per dollar on Tuesday versus 67.42 Friday. The crucial 2-day FOMC meeting starts today, with markets expecting a 0.25 percent hike. The dollar index has come off from recent highs. Expected that the USD-INR pair to trade in the 67.20-67.80/dollar ahead of FOMC rate decision.

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