Rupee opens higher at 67.89 per dollar:17.11.2016
The rupee is expected to trade in a range of 67.80-68.20/dollar for the day, Kotak Mahindra Bank.
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
The Indian rupee opened higher by 5 paise at 67.89 per dollar on Thursday versus 67.94 Wednesday. Kotak Mahindra Bank said, "Rupee has depreciated against the dollar in-line with the yen and other EM currencies. Expected to trade in a range of 67.80-68.20/dollar for the day." The dollar climbed to a near 14-year high against a basket of currencies , even as analysts cautioned the greenback is vulnerable to a letdown from its surge tied to bets on pro-growth policies under US president-elect Donald Trump.
The rupee is expected to trade in a range of 67.80-68.20/dollar for the day, Kotak Mahindra Bank.
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
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