The Indian rupee opened lower at 67.04 per dollar on Thursday against previous close 66.96.
"In the backdrop of Jackson Hole speeches, the focus is now on US Non-Farm Payroll data due tomorrow. The odds of a September Fed rate hike has now gone up.
This has resulted in mild dollar rally against major currencies though rupee has been steady." "We expect the USD-INR pair to trade in a range of 66.80-67.10/dollar for the day," he added.
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"In the backdrop of Jackson Hole speeches, the focus is now on US Non-Farm Payroll data due tomorrow. The odds of a September Fed rate hike has now gone up.
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