Rupee opens lower at 66.56 per dollar : 06.10.2016
USD-INR trading range for the day seen between 66.40-66.65/dollar,
The Indian rupee opened marginally lower at 66.56 per dollar on Thursday versus 66.50 Wednesday. "Dollar has been strengthening this week against most currencies with rising expectations of a Fed rate hike in December." "Rupee however has been resilient in a range. USD-INR trading range for the day seen between 66.40-66.65/dollar," The dollar held steady against a basket of currencies as upbeat data on US services sector offset a weaker-than-expected report on private job growth, while the euro was broadly higher in step with a rise in higher euro zone bond yields.
USD-INR trading range for the day seen between 66.40-66.65/dollar,
The Indian rupee opened marginally lower at 66.56 per dollar on Thursday versus 66.50 Wednesday. "Dollar has been strengthening this week against most currencies with rising expectations of a Fed rate hike in December." "Rupee however has been resilient in a range. USD-INR trading range for the day seen between 66.40-66.65/dollar," The dollar held steady against a basket of currencies as upbeat data on US services sector offset a weaker-than-expected report on private job growth, while the euro was broadly higher in step with a rise in higher euro zone bond yields.
