The Indian Rupee Opened Lower By 7 Paise At 67.77 Per Dollar On Friday

The Indian rupee opened lower by 7 paise at 67.77 per dollar on Friday versus 67.70 yesterday.

According to Motilal Oswal, rupee continued to consolidate in a narrow range for the second successive sessions but traded with a slight negative bias following broad strength in the dollar and as US 10-year yield continued to rise.

On the domestic front, FIIs continued to remain net sellers in the equity and debt segment and yesterday sold another USD 258 million.

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