The Indian Rupee Has Seen Some Correction In Early Trade - Dollar Advisory Financial Services

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Friday 9 June 2017

The Indian Rupee Has Seen Some Correction In Early Trade

The Indian rupee has seen some correction in early trade. It has opened at 64.27 against the US dollar, down 6 paise compared with previous day's closing of 64.21 a dollar.

Ashutosh Raina of HDFC Bank said the USD-INR currency pair has been consolidating in a range of 64.20-64.50 against the US dollar.

The rupee should continue to trade in this range with support expected at lower levels, he feels.

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