Friday, January 27, 2017

Rupee opens at 68.18 per dollar; down 10 paise : 27.01.2017

Rupee opens at 68.18 per dollar; down 10 paise : 27.01.2017
USD-INR to trade in a range of 68.05-68.25/dollar today, HDFC Bank.
NIFTY FUT  TREND             : BUY ZONE
BANKNIFTY FUT  TREND  : BUY ZONE


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The Indian rupee opened lower by 10 paise at 68.18 per dollar on Friday versus Wednesday's closing of 68.08. HDFC Bank said, “The dollar index has recovered from 7-week lows. We expect the USD-INR to trade in a range of 68.05-68.25/dollar today.” The dollar gained versus the Mexican peso after Mexico's president, Enrique Pena Nieto, said he would not attend a previously scheduled meeting with Donald Trump. Also the dollar index rebounded from 7-week lows.