The Indian Rupee Opened Declined In The Early Trade On Friday

The Indian rupee opened declined in the early trade on Friday. It has opened lower by 8 paise at 65.18 per dollar versus 65.10 yesterday.

Bhaskar Panda of HDFC Bank said, "The USD-INR pair will continue to be under a little bit of pressure due to month end/year-end demand. I expect the USD- INR to trade in a range of 65.10-65.30 for the day."

"I expect the 10-year benchmark bond yield to trade in a range of 7.53-7.58 percent today," he added.
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