Moneycontrol
Last Updated : Dec 05, 2018 02:20 PM IST | Source: Moneycontrol.com

Rupee trades flat at 70.48 per dollar

Utilise downsides in the pair to initiate long positions, says ICICIdirect.

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Representative image

The Indian rupee is trading flat at 70.48 per dollar against previous close of 70.49.

The dollar-rupee December contract on the NSE was at 70.69 in the previous session. December contract open interest increased 1.71% in the previous session, said ICICIdirect

We expect the USD-INR to find supports at lower levels. Utilise downsides in the pair to initiate long positions, it added.
First Published on Dec 5, 2018 02:15 pm

tags #Rupee

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