Moneycontrol
Oct 16, 2015 10:19 AM IST | Source: Moneycontrol.com

Rupee opens marginally lower at 64.87 per dollar

We see the range for the rupee between 64.40-65.20/dollar today, says Pramit Brahmbhatt of Veracity.

The Indian rupee has opened marginally lower by 5 paise at 64.87 per dollar on Friday against previous day's closing value of 64.82 Thursday.

Pramit Brahmbhatt of Veracity said, "Our market is expected to open in the green taking strong cues from global markets. We see the range for the rupee between 64.40-65.20/dollar today."

Also Read - Rupee may stay stable in FY16 on strong macros: Ind-Ra

The dollar rose against a basket of currencies on Thursday as underlying domestic inflation strengthened more than expected in September, reviving some expectations the Federal Reserve would raise interest rates this year.
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