Thursday, 2 June 2016

Rupee opens Marginally Higher at 67.42 per Dollar

The Indian rupee opened marginally higher at 67.42 per dollar on Thursday versus 67.45 Wednesday.

"Uncertainty over the second term to RBI governor resulted in weak rupee and bonds. However, the rupee weakness is expected to be capped today by exporter selling."

"We expect the USD-INR to trade in a range of 67.20-67.60/dollar today," he added.

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