Indian Rupee gains 10 paise Vs Dollar in early trade

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The Indian Rupee gained in the early trade on Monday. It has opened higher by 10 paise at 63.93 per Dollar versus 64.03 Thursday.

The back of poor US economic data, the Rupee will trade with a positive bias. Moreover, the Dollar index has weakened.

The USD-INR pair to trade in a range of 63.80-64.20 for the day.

The euro extended gains to over a 2-year high after the European Central Bank president did not try to talk down the currency and as markets worried about the impact of tropical storm Harvey on the US economy. Dollar hovers near 4-month low.

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