Rupee opens lower at 67.06 per dollar : 20.02.2017
The trading range for the spot USD-INR pair is seen between 66.80-67.20/dollar, Veracity.
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
The trading range for the spot USD-INR pair is seen between 66.80-67.20/dollar, Veracity.
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
The Indian rupee opened lower by 5 paise at 67.06 per dollar on Monday versus Friday's close 67.01. Veracity said, "Despite positive cues from equity market, the rupee is expected to trade with a negative bias. The trading range for the spot USD-INR pair is seen between 66.80-67.20/dollar." The euro struggled for traction against the dollar and yen after suffering significant losses at the end of last week on renewed concerns about the upcoming French elections. For now, the dollar was held in check by the relative strength of the yen. Hopes of developments in fiscal stimulus plans under US President Donald Trump have also not materialized yet, adding to the drag on the dollar.