Moneycontrol
Nov 18, 2015 10:06 AM IST | Source: Moneycontrol.com

Rupee opens at 66.12 per dollar; slips 10 paise

We see the range for the rupee between 65.60-66.40/dollar today, says Pramit Brahmbhatt of Veracity.

Rupee opens at 66.12 per dollar; slips 10 paise
The Indian rupee has opened lower by 10 paise at 66.12 per dollar on Wednesday against previous days's closing value of 66.02 a dollar.

Pramit Brahmbhatt of Veracity said investors are expected to trade cautiously ahead of data due this week.

According to him, the rupee is expected to trade weak taking cues from a strong dollar. He sees the range for the rupee between 65.60-66.40/dollar today.

Also Read - UBS sees RBI cutting rates in H2 again on falling inflation

The dollar gained on expectations that the Federal Reserve will raise interest rates next month.
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