Rupee slips 12 paise, opens at 66.85 per dollar -- 8 Dec 2015

The USD-INR pair after touching the recent lows of 67/dollar has been helped by some aggressive intervention from RBI, 

                 

The Indian rupee declined in the early trade on Tuesday. It has opened lower by 12 paise at 66.85 per dollar versus 66.73 Monday. The USD-INR pair after touching the recent lows of 67/dollar has been helped by some aggressive intervention from Reserve Bank of India (RBI). The pair is expected to trade in the 66.50-67.50/dollar range going into FOMC meeting next week."

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