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USD-INR to open higher at 63.75-63.80/USD: Agam Gupta

Upticks towards 64 should see USD selling interest from exporters. The market will remain choppy as headlines from Europe keep emerging during the day, says Agam Gupta of Standard Chartered.

June 29, 2015 / 09:03 AM IST

Agam Gupta of Standard Chartered said, "USD-INR should open higher at 63.75 - 63.80/dollar. This will be due to the risk off sentiment in markets after the Greece developments on the weekend."

 
He further added, "The range should be 63.60-64/dollar as we expect strong USD demand to emerge on any dips. Upticks towards 64 should see USD selling interest from exporters. The market will remain choppy as headlines from Europe keep emerging during the day."
first published: Jun 29, 2015 08:51 am

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