Indian Rupee Opens Higher At 64.02 Per Dollar - Dollar Advisory & Financial Services

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Monday 14 August 2017

Indian Rupee Opens Higher At 64.02 Per Dollar

The Indian rupee opened marginally higher at 64.02 per dollar on Monday versus 64.08 Friday.

Pramit Brahmbhatt of Veracity said, "US economic data published last Friday was negative though domestic equity market and outflow of FIIs will influence USD to appreciate. Thus, trading range for the spot USD-INR pair will be 64.20-64.50."

The dollar edged higher against the yen on Monday, trading above last week's near 4-month low, with rising tensions between the United States and North Korea seen as the key to the near-term outlook.

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