Indian Rupee opens marginally lower at 64.55 per Dollar - Get Free Intraday Tips Call on 9644405056

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The Indian Rupee opened marginally lower at 64.55 per Dollar on Wednesday versus previous close 64.53.

The Rupee will take cues from weak domestic equity market and will trade sideways to negative. The spot USD-INR pair to trade in a range of 64.40-64.80/Dollar."

The Dollar Index tumbled against major currencies and ceded ground after hitting a five-week high against the yen.

Meanwhile, the euro traded at a ten-month high against the greenback following ECB President Mario Draghi's comments that the central bank could potentially adjust its policy in response to improving economic conditions.

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