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Home » News » Markets » Rupee

Feb 15, 2017, 09.02 AM | Source: Moneycontrol.com

Rupee opens flat at 66.92 per dollar

The USD-INR is expected to trade in a range of 66.78-67.08/dollar today, says NS Venkatesh of Lakshmi Vilas Bank.

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Rupee opens flat at 66.92 per dollar

The USD-INR is expected to trade in a range of 66.78-67.08/dollar today, says NS Venkatesh of Lakshmi Vilas Bank.

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The Indian rupee opened flat at 66.92 per dollar on Wednesday against previous close 66.93.

NS Venkatesh of Lakshmi Vilas Bank said, "The Yellen testimony shows a higher probability of a rate increase sooner than later and hence will impact both the equity and currency markets."

"The USD-INR is expected to trade in a range of 66.78-67.08/dollar today," he added.

The dollar rose to a three-week peak against a basket of major currencies as investors raised their outlook on a faster pace of us interest rate increases.

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Rupee opens flat at 66.92 per dollar

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