Indian Rupee Opens Weak At 65.07 Per Dollar

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The Indian rupee slipped in the early trade on Monday. It opened lower by 14 paise at 65.07 per dollar on Monday versus 64.93 Friday.

 

Looking at the weakness in domestic equity market, we expect the rupee to depreciate for the day.

 

The trading range for the USD-INR is seen between 64.80-65.20.

 

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