Rupee opens marginally higher at 67.09 per dollar : Aug 25, 2016, 09.02 AM

Rupee opens marginally higher at 67.09 per dollar : Aug 25, 2016, 09.02 AM


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 We expect the USD-INR pair to trade between 67-67.25/dollar for the day

The Indian rupee opened marginally higher at 67.09 per dollar on Thursday versus previous close of 67.11.

 "Global currency markets are cautious and rangebound ahead of Yellen's Jackson Hole speech as it could give clues on US Fed rate hike."

"Rupee is marginally weaker in-line with other EM currencies. We expect the USD-INR pair to trade between 67-67.25/dollar for the day,"

 Dollar held steady led by uncertainty ahead of a meeting of central bankers at Jackson Hole on Friday.

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