The Indian Rupee Opened Lower By 8 Paise At 70.19 per Dollar On Thursday - Dollar Advisory Financial Services

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Friday 24 August 2018

The Indian Rupee Opened Lower By 8 Paise At 70.19 per Dollar On Thursday

The Indian rupee opened lower by 8 paise at 70.19 per dollar on Thursday versus previous close 70.11.

The dollar-rupee August contract on the NSE was at 70.14 in the previous session. August contract open interest increased 3.99% in the previous session, said ICICIdirect.

We expect the USD-INR to find supports at lower levels. Utilise downsides in the pair to initiate long positions, it added.

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