Tuesday 3 November 2015

Rupee opens marginally higher at 65.56 per dollar --- 4 Nov 2015

Expect USD-INR to trade in a range of 65.40-65.80/dollar.

                       
The Indian rupee opened with a marginal gains of 9 paise at 65.56 per dollar on Wednesday against 65.65 Tuesday.
Rupee weakness yesterday was on account of dollar strengthening against major currencies and dollar demand by custodial banks. Expect the same trend to continue today." "The market will take cues from the equity market as well. Expect USD-INR to trade in a range of 65.40-65.80/dollar,"

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