Tuesday, December 13, 2016

Rupee opens flat at 67.54 per dollar : 14.12.2016

Rupee opens flat at 67.54 per dollar : 14.12.2016
USD-INR will take some cues from the equity market and trade in a narrow range of 67.42-67.75/dollar, Lakshmi Vilas Bank.
NIFTY FUT  TREND             : BUY ZONE
BANKNIFTY FUT  TREND  : BUY ZONE



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The Indian rupee opened flat at 67.54 per dollar on Wednesday versus previous close 67.54. Lakshmi Vilas Bank said, "The cautious investors are expected to stay on the sidelines ahead of the FOMC meeting outcome." "The USD-INR will take some cues from the equity market and trade in a narrow range of 67.42-67.75/dollar." The US dollar held steady against a basket of major currencies on uncertainty over whether the Fed would signal a slow or fast pace of interest rate increases at the end of a closely-watched policy meeting.