Rupee opens marginally lower at 66.72 per dollar

The Indian rupee has opened marginally lower at 66.72 a dollar on Tuesday compared to 66.61 a dollar in previous session.

April 26, 2016 / 09:18 IST

The Indian rupee has opened marginally lower at 66.72 a dollar on Tuesday compared to 66.61 a dollar in previous session.Ashutosh Raina, HDFC Bank says the crucial 2-day FOMC meeting starts today with market expectations of no rate action. However, the statements following the policy will be keenly analysed, he adds.According to him, the USD-INR pair continues to trade in the Rs 66-67/USD range. He expects the pair to trade in this range awaiting the outcome from FOMC.

first published: Apr 26, 2016 09:18 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347