The Indian Rupee Opened Higher By 6 Paise At 68.52 Per Dollar On Wednesday

The Indian rupee opened higher by 6 paise at 68.52 per dollar on Wednesday versus previous close 68.58.

The USD-INR pair seems to be losing steam for further up move as the dollar lost some of its gains against its major crosses. 

Volatility in global crude oil prices continue to remain high as supply constraints from Libya and Canada kept prices supported on lower levels, said Motilal Oswal.

Yesterday, crude rose to the highest level since November,2014 after API inventory showed drawdown of 4.5mbpd.

For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory