The Indian Rupee Opened Marginally Lower At 68.70 Per Dollar On Tuesday - Dollar Advisory & Financial Services

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Tuesday 31 July 2018

The Indian Rupee Opened Marginally Lower At 68.70 Per Dollar On Tuesday

The Indian rupee opened marginally lower at 68.70 per dollar on Tuesday against previous close 68.67.

The dollar-rupee August contract on the NSE was at 68.88 in the previous session. August contract open interest increased 3.91% in the previous day, said ICICIdirect.

We expect the USD-INR to meet supply pressure at higher levels. Utilise upsides in the pair to initiate short positions, it added.

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