The rupee slipped to 67.06 in today's trading session, down 20 paise from Friday's close 66.86. It has opened marginally higher at 66.82 per dollar in the early trade on Monday.
According to ICICIdirect, The near-month dollar-rupee May contract on the NSE was at 67.07 in previous session. The May contract open interest increased 8.89% in previous day.
We expect the USD-INR to meet find supports at lower levels. Utilise downsides in the pair to initiate long positions, it added.
According to ICICIdirect, The near-month dollar-rupee May contract on the NSE was at 67.07 in previous session. The May contract open interest increased 8.89% in previous day.
We expect the USD-INR to meet find supports at lower levels. Utilise downsides in the pair to initiate long positions, it added.
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