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Last Updated : Jan 01, 2018 09:34 AM IST | Source: Moneycontrol.com

Indian rupee opens higher at 63.84 per dollar

We expect the spot USD-INR pair to trade in a range of 63.50-64, says Pramit Brahmbhatt of Veracity.


The Indian rupee opened marginally higher at 63.84 per dollar on Monday versus 63.87 Friday.

Pramit Brahmbhatt of Veracity said, "The rupee will trade on a flat note. We expect the spot USD-INR pair to trade in a range of 63.50-64."

According to Ajay Manglunia of Edelweiss, the volatility in the bond markets is expected to persist over the next few sessions."

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"The 10-year benchmark bond yield is likely to trade in a range of 7.28-7.38 percent today," he added.

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First Published on Jan 1, 2018 09:00 am

tags #Rupee

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