The Indian Rupee Opened Lower By 12 Paise At 68.19 Per Dollar - Dollar Advisory Financial Services

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Thursday 21 June 2018

The Indian Rupee Opened Lower By 12 Paise At 68.19 Per Dollar



The Indian rupee opened lower by 12 paise at 68.19 per dollar today against previous close of 68.07.

Near-month dollar-rupee June contract on the NSE was at 68.13 in the previous session. June contract open interest declined 3.35% in the previous day, said ICICIdirect.

We expect the USD-INR to meet supply pressure at higher levels. Utilise upsides in the pair to initiate short positions, it added.

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