Today At Currency Market Rupee Opens At 66.94 per Dollar; Down 18 paise

We expect the USD-INR pair to trade in a range of 66.50-67.20/USD today, says Pramit Brahmbhatt of Veracity.

The Indian rupee opened lower by 18 paise at 66.94 per dollar on Monday versus 66.76 Friday. Pramit Brahmbhatt of Veracity said,

"Weak global cues will put pressure on the rupee and it is likely to touch 67/dollar levels."

"We expect the USD-INR pair to trade in a range of 66.50-67.20/USD today," he added.

Yen climbed as traders favor haven assets ahead of crucial meetings of the Federal Reserve and the Bank Of Japan.The pound slid to the lowest level in almost two months after a poll showing a 10 percentage-point lead for Britain to leave the European Union sent it tumbling late on Friday.

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