Indian Rupee Opens Flat At 64.42 Per Dollar - Dollar Advisory & Financial Services

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Monday 19 June 2017

Indian Rupee Opens Flat At 64.42 Per Dollar

Indian rupee slips 12 paise in opening trade at 64.66

The Indian rupee opened flat at 64.42 per dollar on Monday versus 64.43 Friday.

Pramit Brahmbhatt of Veracity said, "We have a neutral stance on the USD-INR pair in absence of any directional cues and expect it to continue to trade in a range of 64.20-64.80/dollar."

According to Ajay Manglunia of Edelweiss, bond yields have been in a narrow range of late and in the absence of near-term triggers this trend should continue with a positive bias."

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