Moneycontrol
Jan 12, 2016 09:03 AM IST | Source: Moneycontrol.com

Rupee opens lower at 66.83 per dollar

The USD-INR pair is expected to take cues from the movement in stock market today and is expected to trade in range of 66.70-66.90/dollar, says NS Venkatesh of IDBI Bank.

The Indian rupee has opened marginally lower at 66.83 per dollar on Tuesday against previous close of 66.81 a dollar.

NS Venkatesh of IDBI Bank said, "Rupee weakened against the dollar yesterday and ended at 66.81/dollar levels."

"The USD-INR pair is expected to take cues from the movement in stock market today and is expected to trade in range of 66.70-66.90/dollar," he added.

Euro retreated marginally as market sentiment improves, dollar rose. The dollar index inched towards the 99 mark.

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