The Indian Rupee Opened Flat At 64.53 Per Dollar - Dollar Advisory & Financial Services

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Thursday 22 June 2017

The Indian Rupee Opened Flat At 64.53 Per Dollar

The Indian rupee opened flat at 64.53 per dollar against previous close of 64.52.

Mohan Shenoi of Kotak Mahindra Bank feels the next trigger for rupee appears to be the pace and quality of GST implementation.

He expects the USD-INR pair to trade in a range of 64.40-64.70/dollar for the day.

The minutes of the MPC June policy meeting has raised expectations of monetary easing in subsequent policy reviews.Asian markets were cautiously higher as oil prices rose slightly after hitting a ten-month low overnight.

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