| Date: |
26-06-2015 |
| Subject: |
Indian rupee opens marginally lower at 63.64 per dollar |
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The Indian rupee has opened marginally lower at 63.64 per dollar on Friday compared to 63.62 a dollar in previous session.
Pramit Brahmbhatt, Veracity expects rupee to depreciate today as weakness in Asian markets will force local equities to trade low.
Also the strength in USD and month-end USD demand from oil importers may keep rupee under pressure, he believes. According to him, the rupee may move in a range of Rs 63.30-64/USD.
Meanwhile, the euro slipped against the dollar as Greece talks drag on with no resolution in sight.
Source : moneycontrol.com
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