Friday, 27 January 2017

Rupee opens at 68.18 per dollar; down 10 paise

The Indian rupee opened lower by 10 paise at 68.18 per dollar on Friday versus Wednesday's closing of 68.08. The dollar index has recovered from 7-week lows. The USD-INR to trade in a range of 68.05-68.25/dollar today. The dollar gained versus the Mexican peso after Mexico's president, Enrique Pena Nieto, said he would not attend a previously scheduled meeting with Donald Trump. Also the dollar index rebounded from 7-week lows.

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