Today Rupee opens lower at 66.89 per dollar At Market
The Indian rupee opened marginally lower at 66.89 per dollar on Friday against previous close 66.86.
We expect it to trade in the 66.80-67.50/dollar range in the near term with a weakening bias
The US dollar hit its highest in more than seven and a half years amid increased confidence that the Federal Reserve will raise interest rates this year. Traders last saw a more than 78 percent chance that the Fed would hike rates in December.
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