Rupee opens at 68.15 per dollar; gains 17 paise : 12.01.2017
The USD-INR to trade in a range of 68-68.30/dollar for the day, Kotak Mahindra Bank.
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
The Indian rupee gained in the early trade on Thursday. It has opened higher by 17 paise at 68.15 per dollar versus 68.32 Wednesday. Kotak Mahindra Bank said, “President-elect Trump's press conference lacked details on economy resulting in dollar giving up some of its gains. Asian economies are struggling with the threat of greater US protectionism.” “We expect the USD-INR to trade in a range of 68-68.30/dollar for the day,” he added. The Mexican peso weakens to a historic low after US president-elect Donald Trump warned US auto companies would face a high tax for products made south of the border. The dollar index weakened to 101 mark.
The USD-INR to trade in a range of 68-68.30/dollar for the day, Kotak Mahindra Bank.
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
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