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Rupee trades higher at 69.23 per dollar

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

March 29, 2019 / 04:46 PM IST
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Representative Image

The Indian rupee is trading higher by 11 paise at 69.23 per dollar versus previous close 69.34.

On Thursday, the rupee declined 47 paise to end at 69.34 against the US dollar, registered a second straight session of fall.

The dollar-rupee April contract on the NSE was at 69.55 in the previous session. April contract open interest rose 9.38 percent 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.



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Moneycontrol News
Tags: #Rupee
first published: Mar 29, 2019 04:45 pm
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