Indian Rupee opens higher at 63.97 per Dollar

Commodity Tips

COMMODITY TIPS | INDIAN STOCK MARKET RECOMMENDATIONS

The Indian Rupee opened higher by 5 paise at 63.97 per Dollar on Wednesday versus 64.02 Tuesday.

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

Expected USD-INR pair to trade in a range of 63.80-64.20.

The US Dollar turned positive against a basket of major rivals after touching its lowest level in over 2 years as traders brushed aside concerns surrounding a North Korean missile launch over Japan.

Comments

Popular posts from this blog

Daily equity Market By Ripplesadvisory Report 16-Aug-2016

सकारात्मक वैश्विक रुझानों के सहारे बाजार में मजबूती, निफ्टी 10,900 के ऊपर

11-year data suggests bears control D-Street in September; can bulls defy odds?