Utilise downsides in the pair to initiate long positions, says ICICIdirect.
The Indian rupee closed near to day's low at 70.15 per dollar, down 15 paise versus Thursday's close of 70 per dollar.
It opened lower by 17 paise at 70.17 per dollar and remained in the range of 69.81 to 70.22 during the day.
The dollar-rupee March contract on the NSE was at 70.15 in the previous session. March contract open interest declined 4.0% in the previous session, said ICICIdirect.
Assembly Election 2019 Results Updates:
Catch Maharashtra Election Result 2019 updates, news and views here
Catch Haryana Election Result 2019 updates, news and views here
Catch Bypoll Results 2019 updates, news and views here
For full coverage, click here.The Great Diwali Discount!
Unlock 75% more savings this festive season. Get Moneycontrol Pro for a year for Rs 289 only.
Coupon code: DIWALI. Offer valid till 10th November, 2019 .