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The Indian rupee slipped in the early trade on Tuesday. It has opened lower by 10 paise at 67.84 per dollar versus 67.74 Monday. The year-end markets are very low on liquidity and continue to trade in a tight range with the dollar index hovering around 103 levels." "The rupee continues to trade in a very narrow range despite of continued portfolio outflows. Expect the rupee to continue trading in 67.50-68/dollar range with a depreciating bias.
The Indian rupee slipped in the early trade on Tuesday. It has opened lower by 10 paise at 67.84 per dollar versus 67.74 Monday. The year-end markets are very low on liquidity and continue to trade in a tight range with the dollar index hovering around 103 levels." "The rupee continues to trade in a very narrow range despite of continued portfolio outflows. Expect the rupee to continue trading in 67.50-68/dollar range with a depreciating bias.
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