Moneycontrol
Last Updated : Feb 13, 2019 04:20 PM IST | Source: Moneycontrol.com

Rupee trades lower at 70.81 per dollar

Utilise upsides in the pair to initiate short positions, says ICICIdirect.

Moneycontrol News @moneycontrolcom

The Indian rupee erased all its intraday gains and trading lower by 11 paise at 70.81 per dollar versus previous close 70.70.

The dollar-rupee February contract on the NSE was at 70.87 in the previous session. February contract open interest increased 0.58% in the previous session, said ICICIdirect.

We expect the USD-INR to meet supply pressure at higher levels. Utilise upsides in the pair to initiate short positions.
First Published on Feb 13, 2019 04:20 pm

tags #Rupee

Loading...
Sections
Follow us on
Available On
PCI DSS Compliant