Rupee opens marginally lower at 67.90 per dollar

We expect the rupee to maintain support at 68/dollar levels and resistance at 67.60/dollar for the day, says Pramit Brahmbhatt of Veracity.

January 27, 2016 / 09:01 IST

The Indian rupee opened marginally lower by 7 paise at 67.90 per dollar on Wednesday versus 67.83 Monday.Pramit Brahmbhatt of Veracity said, "We have a positive stance on the rupee for the day as it will take cues from the positive domestic as well as global equity market.""We expect the rupee to maintain support at 68/dollar levels and resistance at 67.60/dollar for the day," he added.Also Read - Nomura sees 0.25% rate cut in AprilThe dollar steady with the market waiting for a interest rate decision from the Federal Reserve.

first published: Jan 27, 2016 09:01 am

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