Friday, 1 July 2016

Rupee opens Marginally Higher at 67.50 per Dollar

The Indian rupee opened marginally higher at 67.50 per dollar on Friday against previous close of 67.52. 

"We expect the USD-INR pair to remain rangebound today. The trading range for the USD-INR is seen between 67.50-67.70/dollar." 

Pound is headed for a second weekly drop as traders mull the political fallout from the brexit vote, along with signs the Bank Of England may cut interest rates in the coming months.



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