Rupee declines 27 paise; opens at 66.90 per dollar

According to Agam Gupta of StanChart, expect the USD-INR pair to trade between 66.75-67.10/dollar range today.

January 11, 2016 / 09:03 IST

The Indian rupee declined in early trade on Monday. It has opened lower by 27 paise at 66.90 per dollar versus 66.63 Friday.Agam Gupta of StanChart said, "We expect the USD-INR pair to trade between 66.75-67.10/dollar range today."The yen jumped to 117 per dollar, its strongest level since August. The dollar index was at around 98 mark.

first published: Jan 11, 2016 09:03 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347