Sunday, December 18, 2016

Rupee opens lower at 67.81 per dollar : 19.12.2016

Rupee opens lower at 67.81 per dollar : 19.12.2016
The USD-INR pair is expected to trade in a range of 67.50-68/dollar for the day, Veracity.
NIFTY FUT  TREND             : SELL ZONE
BANKNIFTY FUT  TREND  : SELL ZONE


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The Indian rupee has opened lower by 5 paise at 67.81 per dollar on Monday against Friday's closing value of 67.76 a dollar. Veracity feels constant FII outflow and strong dollar index will put pressure on the rupee. The USD-INR pair is expected to trade in a range of 67.50-68/dollar for the day.The dollar slipped below the 103 mark as profit-taking halts the momentum of the greenback's rally.