• Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney Tech Control
Moneycontrol

Home » News » Markets » Rupee

Jan 11, 2017, 09.03 AM | Source: Moneycontrol.com

Rupee opens lower at 68.23 per dollar

The rupee will take cues from the equity market movement as well as the minor weakness of USD against the major currencies, says NS Venkatesh of Lakshmi Vilas Bank.

Like this story, share it with millions of investors on M3

Rupee opens lower at 68.23 per dollar

The rupee will take cues from the equity market movement as well as the minor weakness of USD against the major currencies, says NS Venkatesh of Lakshmi Vilas Bank.

Post Your Comments

Share Cancel

The Indian rupee opened lower by 5 paise at 68.23 per dollar on Wednesday versus previous close 68.18.

NS Venkatesh of Lakshmi Vilas Bank said, "The rupee is expected to trade steadily in a narrow range of 68.15-68.35/dollar."

"The rupee will take cues from the equity market movement as well as the minor weakness of USD against the major currencies," he added.

Also Read - RBI to go for 25 bps rate cut in 2017: Citigroup

US dollar held steady ahead of US president-elect Donald Trump's first news conference set for today, while the Mexican peso hit a record low. Investors fretted that trump, who takes office on January 20, could shake markets by taking an aggressive line on issues such as trade policy.

Buy, Hold, Sell ? Hear it first on M3
Rupee opens lower at 68.23 per dollar

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login