Thursday, 10 March 2016

Rupee Opens Marginally lower at 67.24 per Dollar

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The Indian rupee opened marginally lower at 67.24 per dollar on Thursday against previous close of 67.21. 

 

"Emerging Market and commodity currencies were supported by recovery of brent crude oil price to USD 41/bbl. Further easing of monetary policy by European Central Bank is expected in its meeting today." 

 

"We expect the USD-INR to trade in a range of 66.95-67.25/dollar today," he said.

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