Rupee opens marginally higher at 66.80 per dollar 9.03Am
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I expect the USD-INR to trade within the 66.75-67/dollar range,
The Indian rupee opened marginally higher by 4 paise at 66.80 per dollar on Friday versus 66.84 Thursday.
"The pull and push in USD-INR is evenly matched currently. Support comes in around 66.80/dollar and break below this looks unsustainable.
Hence I expect the pair to trade within the 66.75-67/dollar range."
US dollar index trades around 95.90 levels, rising from a near one-week low.
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I expect the USD-INR to trade within the 66.75-67/dollar range,
The Indian rupee opened marginally higher by 4 paise at 66.80 per dollar on Friday versus 66.84 Thursday.
"The pull and push in USD-INR is evenly matched currently. Support comes in around 66.80/dollar and break below this looks unsustainable.
Hence I expect the pair to trade within the 66.75-67/dollar range."
US dollar index trades around 95.90 levels, rising from a near one-week low.