Monday, September 26, 2016

Rupee opens lower at 66.75 per dollar : 26.09.2016

Rupee opens lower at 66.75 per dollar : 26.09.2016

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Rupee is expected to trade in range of 66.20-66.80/dollar today,

 The Indian rupee opened lower by 10 paise at 66.75 per dollar on Monday versus 66.65 Friday.

"The rupee recovered from 67/dollar levels on global cues and performance of Indian equity market. It is expected to trade in range of 66.20-66.80/dollar today." The dollar index edged higher on Friday, reversing earlier selling, after Boston Federal Reserve president Eric Rosengren said he believed US short-term interest rates should be raised now and warned a decline in the jobless rate below sustainable levels could derail economic recovery.