Tuesday 13 October 2015

Rupee opens marginally higher at 65.11 per dollar-- 14 Oct 2015

We see the range for the day between 64.70-65.70/dollar, says Pramit Brahmbhatt of Veracity.

                       
The Indian rupee has opened with a marginal gains of 7 paise at 65.11 per dollar on Wednesday compared to previous day's closing value of 66.18 a dollar. "We expect the rupee to depreciate today as weakness in Asian markets will force local equities to trade weak. The strength in dollar may keep rupee under pressure. We see the range for the day between 64.70-65.70/dollar."

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