Tuesday, 5 September 2017

Rupee opens 6 paise lower at 64.10 against US dollar

The Indian rupee depreciated further in opening trade Tuesday on dollar demand. It started off trade at 64.10 a dollar, down 6 paise compared to previous day's closing of 64.02.

Bhaskar Panda of HDFC Bank said he expects the USD-INR pair to play to global tunes.

The expected range could be 63.95-64.20 per dollar.
News related to North Korea-US spooked Indian currency market in previous session.

Yesterday, the rupee closed 2 paise lower at 64.04 per dollar against Friday's close of 64.02.


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