Moneycontrol
Oct 19, 2016 09:15 AM IST IST | Source: Moneycontrol.com

Rupee opens marginally higher at 66.68 per dollar

The USD-INR pair will trade in a range of 66.50-66.80/dollar, says Pramit Brahmbhatt of Veracity.

The Indian rupee opened marginally higher at 66.68 per dollar on Wednesday against previous close 66.72.

Pramit Brahmbhatt of Veracity said, "Rupee to trade with positive bias following positive sentiment in domestic equity market. See resistance for the USD-INR at 66.80/dollar levels. The USD-INR pair will trade in a range of 66.50-66.80/dollar."

The US dollar was mixed as investors took some profits from the greenback's recent strength and evaluated whether the Federal Reserve is likely to raise interest rates later this year.
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