Rupee opens marginally higher at 66.68 per dollar:10/19/2016
The USD-INR pair will trade in a range of 66.50-66.80/dollar.
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BANKNIFTY FUT TREND : BUY ZONE
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The Indian rupee opened marginally higher at 66.68 per dollar on Wednesday against previous close 66.72."Rupee to trade with positive bias following positive sentiment in domestic equity market. See resistance for the USD-INR at 66.80/dollar levels. The USD-INR pair will trade in a range of 66.50-66.80/dollar." The US dollar was mixed as investors took some profits from the greenback's recent strength and evaluated whether the Federal Reserve is likely to raise interest rates later this year.
The USD-INR pair will trade in a range of 66.50-66.80/dollar.
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
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The Indian rupee opened marginally higher at 66.68 per dollar on Wednesday against previous close 66.72."Rupee to trade with positive bias following positive sentiment in domestic equity market. See resistance for the USD-INR at 66.80/dollar levels. The USD-INR pair will trade in a range of 66.50-66.80/dollar." The US dollar was mixed as investors took some profits from the greenback's recent strength and evaluated whether the Federal Reserve is likely to raise interest rates later this year.