The Indian Rupee Opened Lower At 63.90 Per Dollar On Tuesday - Dollar Advisory & Financial Services

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Tuesday 23 January 2018

The Indian Rupee Opened Lower At 63.90 Per Dollar On Tuesday

The Indian rupee opened lower at 63.90 per dollar on Tuesday versus previous close 63.87.

Bhaskar Panda of HDFC Bank said, "Any rally around or move above 64 is meeting with customer selling. For today, expect a range of 63.70-63.90 to hold."

"The yields of the Indian benchmark is trying to find a base just above 7.40 percent. Expect today's range between 7.44-7.48 percent, "he added.

Among global markets, Asian stocks advanced after US senators struck a deal to end a three-day government shutdown, sending Wall Street's main indexes to record highs and keeping the dollar well supported.

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