Rupee declines, opens lower by 14 paise at 66.60/USD

We expect to see exporters hedging their USD receivables on upticks towards 66.80/dollar, says Agam Gupta of StanChart Bank.

                 

The Indian rupee slipped by 14 paise in early trade on Monday. It has opened at 66.60 per dollar against Friday's closing value of 66.46 a dollar.it should trade in a range of 66.35-66.85/dollar for the day.

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