Thursday, 13 April 2017

Indian Rupee Opens at 64.44 per Dollar; gains 24 Paise- 13th April, 2017

The Indian Rupee opened higher by 24 Paise at 64.44 per dollar on Thursday versus previous close 64.68. Geopolitical risks concerning North Korea and Syria have resulted in risk-off sentiment with the Dollar losing ground against the yen in particular. Custodial flow has supported rupee in the past few weeks." "We expect the USD-INR pair to trade in a range of 64.40-64.70/Dollar for the day.

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