Aug 01, 2016, 09.02 AM
Rupee opens at 66.80 per dollar; gains 22 paise
We expect the USD-INR pair to trade in a range of 66.90-67.30/dollar,
The Indian rupee gained in the early trade on Monday. It opened higher by 22 paise at 66.80 per dollar versus 67.02 Friday.
"Constant inflow from FIIs in the domestic equity market and lower crude oil prices will help the rupee appreciate.
We expect the USD-INR pair to trade in a range of 66.90-67.30/dollar.
ICRA The yen fell following a 3.1 percent surge on Friday as the Bank of Japan boosted purchases of exchange-traded funds.
Rupee opens at 66.80 per dollar; gains 22 paise
We expect the USD-INR pair to trade in a range of 66.90-67.30/dollar,
The Indian rupee gained in the early trade on Monday. It opened higher by 22 paise at 66.80 per dollar versus 67.02 Friday.
"Constant inflow from FIIs in the domestic equity market and lower crude oil prices will help the rupee appreciate.
We expect the USD-INR pair to trade in a range of 66.90-67.30/dollar.
ICRA The yen fell following a 3.1 percent surge on Friday as the Bank of Japan boosted purchases of exchange-traded funds.