Monday 16 November 2015

Rupee opens marginally higher at 65.95 per dollar -- 17 Nov 2015

We expect the pair to trade in the 65.70-66.30/dollar range for today, says Ashutosh Raina of HDFC Bank.

                             
The Indian rupee has opened with a marginal gains of 5 paise at 65.95 per dollar against previous close of 66.
The dollar index continues to edge towards the 100 mark with the dollar gaining against most of the currencies. The USD-INR pair continues to trade in the 65.50-66.50/dollar range but is expected to weaken from current levels on the back of overall dollar strength." "We expect the pair to trade in the 65.70-66.30/dollar range for today," 

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