Weakness in domestic
equities may also keep INR under pressure. Range for the day is seen between
63.85-64.38/dollar, says Himanshu Arora of Religare.
The Indian rupee opened marginally higher at
64.18 per dollar on Wednesday against previous close of 64.24. The
dollar edges higher, as US housing data encouraged speculation that the Federal
Reserve will soon raise interest rates and it was further strengthened by
worries that Greece was tilting towards debt default dragged on the euro.
The dollar index inches towards the 95 mark.
For More Detail Visit Our Site -- http://www.allianceresearch.in/
or call on - - 9993716323, 0761-4032175
No comments:
Post a Comment