Tuesday, October 18, 2016

Today Rupee opens lower at 66.68 per dollar In the Currency Market

 
The Indian rupee opened marginally higher at 66.68 per dollar on Wednesday against previous close 66.72. 
 
The US dollar was mixed as investors took some profits from the greenback's recent strength and evaluated whether the Federal Reserve is likely to raise interest rates later this year.  
 
Pramit Brahmbhatt of Veracity said, "Rupee to trade with positive bias following positive sentiment in domestic equity market. See resistance for the USD-INR at 66.80/dollar levels. The USD-INR pair will trade in a range of 66.50-66.80/dollar."
 
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