Friday, 27 January 2017

Today Indian Rupees Open 10 Paise Down

The Indian rupee opened lower by 10 paise at 68.18 per dollar on Friday versus Wednesday's closing of 68.08. 

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“The dollar index has recovered from 7-week lows. We expect the USD-INR to trade in a range of 68.05-68.25/dollar today.” 

The dollar gained versus the Mexican peso after Mexico's president, Enrique Pena Nieto, said he would not attend a previously scheduled meeting with Donald Trump. Also the dollar index rebounded from 7-week lows.

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