The Indian rupee opened lower by 6 paise at 67.33 per dollar on Tuesday against previous close 67.27.
"The strong rally in USD-INR has been halted by aggressive intervention. Expect the pair to trade in the 67-67.50/dollar range in near term."
Yen held steady against the dollar on safe haven buying. The currency has gained more than 3 percent since the UK.
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"The strong rally in USD-INR has been halted by aggressive intervention. Expect the pair to trade in the 67-67.50/dollar range in near term."
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