The Indian Rupee opened higher by 24 Paise at 64.44 per dollar on Thursday versus previous close 64.68. Geopolitical risks concerning North Korea and Syria have resulted in risk-off sentiment with the Dollar losing ground against the yen in particular. Custodial flow has supported rupee in the past few weeks." "We expect the USD-INR pair to trade in a range of 64.40-64.70/Dollar for the day.
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The Indian Rupee opened higher by 24 Paise at 64.44 per dollar on Thursday versus previous close 64.68. Geopolitical risks concerning North Korea and Syria have resulted in risk-off sentiment with the Dollar losing ground against the yen in particular. Custodial flow has supported rupee in the past few weeks." "We expect the USD-INR pair to trade in a range of 64.40-64.70/Dollar for the day.
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