USD-INR to open around 64.80/dollar: Agam Gupta

On the lower side it is most likely that we see dollar buying interest come in from local government banks on account of their regular demand, says Agam Gupta of Standard Chartered.

October 19, 2015 / 08:46 IST

Agam Gupta of Standard Chartered said, "The USD-INR should open around 64.80/dollar. We expect a range of 64.65-64.95/dollar for the day. Upticks will attract selling interest from exporters as they hedge their future receivables.""On the lower side it is most likely that we see dollar buying interest come in from local government banks on account of their regular demand," he added.

first published: Oct 19, 2015 08:46 am

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