We expect the rupee to trade in the range of 66.20-66.80/dollar today, says Pramit Brahmbhatt of Veracity.
The Indian rupee opened marginally lower at 66.57 per dollar on Friday against previous close of 66.55. Pramit Brahmbhatt of Veracity said, "Positive global markets and cooling crude prices will support the rupee."
"We expect the rupee to trade in the range of 66.20-66.80/dollar today," he added. The dollar rose against a basket of major currencies ahead of the key non-farm payrolls data.
The Indian rupee opened marginally lower at 66.57 per dollar on Friday against previous close of 66.55. Pramit Brahmbhatt of Veracity said, "Positive global markets and cooling crude prices will support the rupee."
"We expect the rupee to trade in the range of 66.20-66.80/dollar today," he added. The dollar rose against a basket of major currencies ahead of the key non-farm payrolls data.
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