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Indian rupee opens lower by 12 paise at 68.19 per dollar

We expect the USD-INR to meet supply pressure at higher levels, says ICICIdirect.

June 21, 2018 / 09:13 IST
rupee
rupee

The Indian rupee opened lower by 12 paise at 68.19 per dollar on Thursday against previous close 68.07.

Near-month dollar-rupee June contract on the NSE was at 68.13 in the previous session. June contract open interest declined 3.35% in the previous day, said ICICIdirect.

We expect the USD-INR to meet supply pressure at higher levels. Utilise upsides in the pair to initiate short positions, it added.

Moneycontrol News
first published: Jun 21, 2018 09:00 am

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