The Indian Rupee Extended Losses On Wendesday - Dollar Advisory & Financial Services

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Wednesday 7 June 2017

The Indian Rupee Extended Losses On Wendesday

The Indian rupee extended losses on Wendesday. It opened at 64.49 against the US dollar, down 7 paise compared with Tuesday's closing level of 64.42 a dollar.

Pramit Brahmbhatt of Veracity said in the absence of any directional clarity, the spot USD-INR pair will trade in a tight range of 64.20 to 64.50 today.

Asia was mixed as markets cautiously awaited the UK election, a European Central bank review and former FBI Director James Comey's testimony to the Senate stateside.

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