Tuesday, 17 January 2017

Rupee opens flat at 68.09 per dollar

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The Indian rupee opened flat at 68.09 per dollar on Tuesday against previous close 68.10. FPIs have been net sellers and if oil continues to remain higher, can see pressure on the rupee, with the pair moving towards 68.06-68.70/dollar." The pound remained weak ahead of British Prime Minister Theresa May's speech on brexit plans due later today. The dollar strengthened against a basket of currencies.

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