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.
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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