Wednesday 7 June 2017

Rupee falls further, opens 7 paise lower at 64.49/$ >> Get Free Stock Cash Tips- Call@9644405056


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The Indian rupee extended losses on Wednesday. It opened at 64.49 against the US dollar, down 7 paise compared with Tuesday's closing level of 64.42 a dollar.

The absence of any directional clarity, the spot USD-INR pair will trade in a tight range of 64.20 to 64.50 today.

Meanwhile, the dollar wallowed near a six-week low against the safe-haven yen, with traders cautious ahead of Britain's general election, a European Central Bank policy decision and testimony by former FBI Director James Comey.

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