Rupee retreats; opens lower by 12 paise at 66.22 per dollar -- 26 Aug 2015

We expect the USD-INR pair to trade in the 65.50-66.50/dollar range in the short term .

                                       

The Indian rupee has opened lower by 12 paise at 66.22 per dollar on Wednesday against previous close of 66.10.
He expects the USD-INR pair to trade in the 65.50-66.50/dollar range in the short term.Dollar gained against a basket of major currencies, recovered from seven-month lows against the safe-haven yen and euro.

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