Yesterday the rupee closed at 16-month high at 65.82, which was last seen in November, 2015.
Pramit Brahmbhatt of Veracity said, "The rupee has strong resistance at 65.80 levels and may trade sideways for the day. We expect the USD-INR pair to trade in a range of 65.80-66.30/dollar today."
The dollar was on tenterhooks in early trade as investors waited anxiously to see what clues the US Federal Reserve would soon reveal on its monetary policy outlook.
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