The Indian Rupee Opened Marginally Lower At 67.45 Per Dollar On Tuesday - Dollar Advisory & Financial Services

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Tuesday, 12 June 2018

The Indian Rupee Opened Marginally Lower At 67.45 Per Dollar On Tuesday

The Indian rupee opened marginally lower at 67.45 per dollar on Tuesday versus previous close 67.42.

In the last couple of session rupee has been consolidating in a narrow range of 64.40 and 64.75 ahead of important inflation and industrial production number. 

Market participants are cautious ahead of today’s inflation and IIP number; expectation is that inflation for May could rise to 4.8% compared to rise of 4.5% in the previous month, said Motilal Oswal.

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