The Indian Rupee Opened Flat At 64.44 Per Dollar On Friday - Dollar Advisory & Financial Services

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Friday 14 July 2017

The Indian Rupee Opened Flat At 64.44 Per Dollar On Friday

The Indian rupee opened flat at 64.44 per dollar on Friday against previous close 64.44.

Meanwhile, The dollar index was largely steady against a basket of major currencies helped by upbeat economic data. The dollar edged upon against the yen though it's still below the highs hit earlier this week.

Bhaskar Panda of HDFC Bank said, "The USD-INR pair has been consolidating in a range and we expect it to trade in a range of 64.40-64.60 today. The lower than expected CPI data has brought the focus back on rate cut."

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