Wednesday, October 19, 2016

Rupee opens lower at 66.68 per dollar:10/20/2016

Rupee opens lower at 66.68 per dollar:10/20/2016
The Indian rupee has opened lower at 66.68 a dollar compared with previous day's closing of 66.67 per dollar.

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BANKNIFTY FUT  TREND  : BUY ZONE


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Moneycontrol Bureau The Indian rupee has opened lower at 66.68 a dollar compared with previous day's closing of 66.67 per dollar. Kotak Mahindra Bank says crude prices have drifted higher and are now likely to trade in a new range of USD 50-57 a barrel. He says currency markets are rangebound with a slight bias towards dollar strength. The rupee is resilient and likely to remain in a narrow range, he feels.The trading range for the USD-INR is seen between 66.50-66.80 a dollar for the day.