Indian Rupee Opens Higher At 63.84 Per Dollar

The Indian rupee opened marginally higher at 63.84 per dollar on Monday versus 63.87 Friday.

Pramit Brahmbhatt of Veracity said, "The rupee will trade on a flat note. We expect the spot USD-INR pair to trade in a range of 63.50-64."

According to Ajay Manglunia of Edelweiss, the volatility in the bond markets is expected to persist over the next few sessions."

"The 10-year benchmark bond yield is likely to trade in a range of 7.28-7.38 percent today," he added.

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