Rupee opens at 68.18 per dollar; down 10 paise

We expect the USD-INR to trade in a range of 68.05-68.25/dollar today, says Bhaskar Panda of HDFC Bank.

January 27, 2017 / 09:02 IST

The Indian rupee opened lower by 10 paise at 68.18 per dollar on Friday versus Wednesday's closing of 68.08.Bhaskar Panda of HDFC Bank said, “The dollar index has recovered from 7-week lows. We expect the USD-INR to trade in a range of 68.05-68.25/dollar today.”The dollar gained versus the Mexican peso after Mexico's president, Enrique Pena Nieto, said he would not attend a previously scheduled meeting with Donald Trump. Also the dollar index rebounded from 7-week lows.

first published: Jan 27, 2017 09:00 am

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