Rupee rebounds, opens higher by 10 paise at 66.55/$ -- 25 Aug 2015

The range for rupee today is seen between 66-67.20/dollar, says Pramit Brahmbhatt of Veracity.

                             

The Indian rupee has rebounded in early trade Tuesday on hopes of likely recovery in equity markets after yesterday's global carnage. The currency gained 10 paise to open at 66.55 per dollar today against previous day's closing value of 66.65 a dollar. It extended its recovery to 66.40 a dollar, up 23 paise in morning trade. The US dollar fell more than 1.5 percent against major world currencies. The dollar index slipped below 94 mark. with the euro near 1.15 and the yen stronger near 119 versus the greenback.

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