Tuesday, 26 July 2016

Rupee opens lower at 67.41 per Dollar

The Indian rupee opened marginally lower at 67.41 per dollar on Tuesday against previous close 67.35. 

"US dollar has been gaining against most of the major and EM currencies, after some positive data. The USD-INR pair has also come off from recent highs after briefly trading below 67/dollar levels and subsequently settling in the 67-67.50/dollar range." 

"We expect the USD-INR to continue trading this range in the near term," he added.


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